Welcome! Login | Register
 

Seven Big Surprises So Far in the 2016 Election Season in RI—Seven Big Surprises So Far in the 2016…

Bob Whitcomb’s Digital Diary: EU, Newport NIMBYs, and Obamacare—Bob Whitcomb’s Digital Diary: EU, Newport NIMBYs, and…

UMass President Meehan to Close Congressional Committee, Make Gift for UMass Scholarships—UMass President Meehan to Close Congressional Committee, Make…

Santander Fails U.S. Stress Test for Third Straight Year—Santander Fails U.S. Stress Test for Third Straight…

Guest MINDSETTER™ Tom Kenney: PFD Organizational Chart—Guest MINDSETTER™ Tom Kenney: PFD Organizational Chart

Guest MINDSETTER™ DiPalma & Bann: Rhode Islanders Can be Proud of Children’s Health Improvements—Guest MINDSETTER™ DiPalma & Bann: Rhode Islanders Can…

4Faiths Tour of Newport Announces Walking Tour “4faiths, 4landmarks”—4Faiths Tour of Newport Announces Walking Tour "4faiths,…

PC Hockey to Play Boston College at Frozen Fenway 2017—PC Hockey to Play Boston College at Frozen…

Billy Dee Williams Coming to RI Comic Con 2016—Billy Dee Williams Coming to RI Comic Con…

Hasbro Inc. Ranks as Most Community Minded Company in America—Hasbro Inc. Ranks as Most Community Minded Company…

 
 

NEW: RI’s Swipely Makes Forbes’ ‘Most Promising Companies’ List

Wednesday, February 06, 2013

 

Providence-based Swipely just earned a huge honor by landing a spot on Forbes Magazine's list of "America's Most Promising Companies".

An up-and-coming Rhode Island company has just made history: landing a spot on Forbes Magazine’s prestigious list of “America’s Most Promising Companies.”

Swipely, a Providence-based company that “helps local merchants accept payments, understand customers and grow sales” was chosen from thousands of applicants and recognized on a list that singles out companies with compelling business models, strong management teams, notable customers, strategic partners and investment capital.

With the disction, Swipely became the first Rhode Island company ever named to the list and has done so less than a year after it introduced its key product which turns payment processing into a series of analytics and marketing tools without increasing cost.

The company has maintained a steady growth over recent quarters, growing by more than half each quarter and is estimated to now have over $400 million in sales under its management with merchants who work with over 875,000 customers.

"Swipely's vision is to bring powerful, simple and affordable online tools to offline businesses. Today's recognition by Forbes validates both our huge opportunity, and our traction with customers," said Angus Davis, founder and CEO of Swipely. "As the first Rhode Island company ever named to the Forbes list, I am especially proud of our winning team."

 

Enjoy this post? Share it with others.

 
 
:!