TL; DR: Blankfactor is now part of Inc. 5000’s America’s fastest-growing companies in their private firm list for this year, ranking number 330 in a select group based on scrutinized and proven financial records. With this, we’re celebrating surprising revenue growth rates amidst a challenging economic climate — and transformative impact for our clients.

We made the Inc. 5000 list!

Ranked number 330 on Inc.’s most prestigious annual recognition list for 2022, we’re part of the top 500 companies out of America’s already-select list of 5000 of the fastest-growing companies in the country at a private level. As we sit next to companies such as Facebook, Oracle, and Microsoft, our three-year revenue growth of over 300% is to thank. It’s been an amazing journey for us. 

For forty years now, Inc. has been ranking the fastest-growing private companies in America. This year’s list reflects just 0.07% of all companies in the nation.

And we’re now in their top 500 private companies list for this period, which puts us within what Inc. calls “the most successful companies within the economy’s most dynamic segment.” We’ve now become part of an even more exclusive group of firms amongst the select five thousand whose “average median three-year revenue growth rate [alone] soared to 2,144 percent” and that, together, “added more than 68,394 jobs over the past three years” to the global economy. We’re thrilled to be doing our part in boosting our sector as we continue to engineer the future. 

Inc.’s fastest-growing companies selection method

According to Inc., companies on this year’s list are ranked based on their percentage of revenue growth from 2018 to 2021. To be considered, businesses need to be revenue-generating and founded by March 31, 2018 and be based in the U.S. as private for-profit and independent organizations.

Being featured by this trusted business-media brand means becoming a part of an award-winning multiplatform that’s reaching “more than 50 million people each month across a variety of channels.” We couldn’t be more honored to be part of this country-wide achievement. 

We didn’t let limitations stop us

All of the above is especially rewarding, given our current context. As Inc. puts it, success has become much harder in recent years. From the COVID-19 pandemic to “supply chain issues, social and labor unrest, inflation, war,” many setbacks for private enterprises are causing “more than half a million businesses [to] close each year,” according to Fed stats that Inc.’s own Scott Omelianuk has presented. 

As USA Today reported less than two weeks ago, the U.S. economy contracted once again in the second quarter, raising concerns about a looming recession just as rising inflation and interest rates plague companies and consumers. As a global managed services provider, however, we keep growing, aiming at an even greater growth of 350% by quarter four (Q4) of this year. 

Our offices across Latin America, the United States, and Europe keep making leaps forward as we seek to partner with leaders in the financial services, insurance, payments, capital markets, and banking sectors to continue revolutionizing these industries with the latest technology and our world-class talent. 

The Bulgaria office recently celebrated its first anniversary, and our data scientists and architects have made big strides this year as we near our Elite Snowflake partnership and deepen our expertise in technological game-changers. This far, we’ve delivered projects for clients ranging from start-ups to Fortune 500 companies with great success around every corner. 

The work making us one of the top 500 fastest-growing companies

Beyond just our revenue successes, we take pride in the innovation and transformation we’re fostering with key partners around the globe through the latest tech applications. 

We started off by powering a fintech solution for Latin American employees and employers, making savings in USDC a reality in a region that’s facing currency devaluation from inflation. In partnership with Glim, we designed and built a viable product for an unsolved piece of the LATAM puzzle.

Related read: Why fintech in Latin America is booming

Our teams also created a seamless experience for the users of a card brand application to use rewards as real cash. This solution has allowed all banks to develop their own customer reward and incentive program, with minimum IT involvement and zero merchant integration. Our stabilization of this pay-with-rewards app enabled a 52-time reduction in crashes, a 218% increase in monthly active users, and a $12mm increase in annual redemptions as per 2021’s second quarter alone.

Plus, we’re engaging in full-stack web, mobile, and API development for a start-up beverage company, and we’ve also become a large payments processor’s go-to partner to help step up their game amidst complex software challenges. In their case, we’ve helped improve their current architecture, allowing them to scale and update their systems according to market and clients’ demands and needs. 

That’s not nearly all. Leveraging the Internet Of Things (IoT), we’ve also partnered with 4thID to create a mobile app that reinvents their user experience. We’re proud of the work we’ve achieved together, as these applications are making people’s lives easier and creating IoT-powered environments for a smarter future.

Learn more about how we’re engineering impact 

At Blankfactor, we help companies innovate and scale no matter where they are on their digital journey. From full-stack product development to data strategy and engineering to enterprise AI innovation, our elite engineers can help you accelerate impact.

Contact us for a 60-minute solution session with a team of our specialists today.

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