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ORLANDO, Fla., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Fattmerchant, a payment technology provider saving businesses time and money through its subscription-based model and fully integrated platform, was named to the Deloitte Technology Fast 500TM, a ranking of the fastest-growing technology, media, telecommunications and energy tech companies. Companies are ranked by revenue growth between 2015 and 2018. Fattmerchant revenue grew by 2,447% throughout that span, which landed the company at No. 52.
“Our growth and overall success can be attributed to our talented team members who are the driving force behind Fattmerchant’s innovative and successful approach to payments technology,” said Sal Rehmetullah, president and co-founder of Fattmerchant. “Being recognized as one of the fastest-growing technology companies by Deloitte is a major achievement and a testament to the progress we’ve made and the impact we’ve had on the industry.”
Fattmerchant’s Omni platform is fully integrated and brings a merchant’s entire payment experience under one roof. Through Omni, users can securely accept card-present and card-not-present payment transactions through a variety of solutions in a single API. Merchants also have access to powerful business tools, such as sales and customer analytics, online reviews management and a full marketplace with best-in-class applications.
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
Overall, 2019 Technology Fast 500 companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with a median growth of 439 percent.
For more information on Fattmerchant and its services, visit Fattmerchant.com.
Fattmerchant is a credit card processing company with an innovative payment technology platform that saves its customers an average of 40% per month on their credit card processing fees with their subscription-based pricing model. With its integrated payment platform, business owners and partners have access to the card-present and card-not-present solutions they need to process payments and invoices, robust data analytics on those transactions, and advanced business tools such as their integration to QuickBooks Online. For more information on Fattmerchant and its services, visit Fattmerchant.com.
Deloitte provides industry-leading audit, consulting, tax, and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 5,000 private and middle market companies. Our people work across the industry sectors that drive and shape today’s marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network, serving our clients in the markets that are most important to them. Our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s more than 312,000 people worldwide make an impact that matters at www.deloitte.com.
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