G2 Listed on Annual Exclusive List of America’s Fastest Growing Private Companies, With Three-Year Revenue Growth of 115%
BELLEVUE, WA, August 23, 2013 – Today, G2 Web Services, a leading global provider of payment risk management solutions, announced that they were ranked number 2,954 on Inc. Magazine’s seventh annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. G2 also ranked 82nd among the fastest growing companies in Washington State. G2 Web Services joins GoDaddy and LivingSocial, among other prominent brands featured on this year’s list.
G2 Web Services payment risk management solutions help acquiring banks and payment providers manage the level of risk in their merchant portfolios, and protect against brand damage and financial loss. G2 is primarily focused on the areas of due diligence, compliance and fraud protection for global financial institutions. Services include monitoring merchant websites for content that could put acquiring banks at risk for legal or card network penalties, as well as predicting future risk at boarding for new merchants.
“The G2 Web Services team is extremely proud to be named to Inc.’s elite 2013 class of organizations that are growing and finding success. With our talented technology team, unrivaled payment risk data, client-focused service, and international partnerships, we look forward to continuing to accelerate and making a global impact in the rapidly changing payments industry,” said Edward Barton, President and Chief Operating Officer.
In a stagnant economic environment, G2 Web Services has had a three-year revenue growth of 115% and is ranked as the 82nd fastest growing company in the state of Washington. Cumulatively, the companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
“Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” said Inc. Editor Eric Schurenberg.
About G2 Web Services, LLC
G2 Web Services is a leading global provider of payment risk management solutions, including merchant due diligence, compliance, and fraud protection. G2 helps 250+ acquiring banks and payment service providers take on the appropriate level of risk in their merchant portfolios, while protecting against brand damage, illegal activity, and noncompliance assessments. G2 solutions include predicting new merchants’ potential for risk at boarding, monitoring merchants’ websites to ensure compliance with card network regulations and the law, and protecting against fraud, among others.
Since the company’s inception in 2004, G2 Web Services has investigated, analyzed and linked data from millions of merchants, their websites, and their relationships, building the G2 Merchant Map. The G2 Merchant Map is the industry’s most extensive map of global merchant data, offering current and historical merchant relationships, merchant risk history and insight into merchant behaviors that no one else can provide.
The company is headquartered in Seattle, Washington, with offices in London and Shanghai, and hundreds of clients worldwide.
About the Inc. 500|5000 and Inc. Magazine
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.
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