31 Iowa companies have been named to Inc. Magazine’s 2021 list of the 5,000 fastest-growing private companies.
VizyPay, a payment processing company headquartered in West Des Moines, was the top-ranked Iowa company, coming in at No. 45, with 7,383% revenue growth over the past three years. It’s the company’s first appearance on the list.
The company says it has installed more than 9,500 merchants across the U.S. since its inception and has seen exponential growth in four short years, now employing 58 full-time employees and over 724 independent contractors. The company plans to hire another 15 employees this year as it opens its new flagship headquarters in Waukee, Iowa in September.
“At VizyPay we pride ourselves on being a transparent company in an industry traditionally known for being deceitful and believe that our culture is what ultimately drives our success,” said Austin Mac Nab, CEO and co-founder of VizyPay in a statement. “It was a huge risk starting this company with no outside investment but making the 2021 Inc. 5000 list in our fourth year of business is validation of our position as a leading fintech company and a testament to our team and the hard work they put in every day to bring value and savings to our merchants across the United States.”
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. 19 of the 31 Iowa companies that made the list were repeat honorees.
To see the full list of companies, go to Inc.com.