Paymentsense named as one of Europe’s fastest-growing businesses in the Inc. 5000 2016

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The UK and Ireland’s largest merchant service provider has featured on a list of Europe's rapidly-growing companies.

Paymentsense has been featured in the Inc. 5000 Europe, a list of the fastest-growing private companies operating throughout Europe.

The merchant service provider was ranked an impressive 936th on the prestigious listing and was one of only a handful of payment providers to be featured on this year’s rankings.

Paymentsense provides card payment solutions to over 50,000 small and medium businesses in both the UK and Ireland. Its products include the latest contactless card machines, as well as highly secure website payment solutions.

The company recorded average growth of 164% and €16.4m in revenues across the three-year period. As well as featuring in the Inc. 5000 Europe, Paymentsense was recently named as the UKTI Growth Business of the Year at the 2015 Lloyds Bank National Business Awards and secured a high ranking on The Sunday Times Hiscox Tech Track 100.

As an Inc. 5000 Europe honoree, Paymentsense now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Timberland, Clif Bar, Pandora, Patagonia, Oracle, and dozens of other prominent recent U.S. alumni. In addition to Paymentsense, the Inc. 5000 Europe list added notable companies such as Avicii Music, Widespace, Hastens Mattresses, Meltwater, Bill's Restaurant.

George Karibian, co-founder of Paymentsense, said: “This is the first time Paymentsense has been featured on the Inc. 5000 listing, the hallmark of entrepreneurial success in both the US and Europe, and we are honoured to be ranked alongside so many rapidly growing businesses.”

Jan Farrarons, co-founder of Paymentsense added: “To have won a National Business Award and feature in the Inc. 5000 inside of three months is a truly incredible achievement for this business, and we look forward to continued growth both here in the UK and abroad.”


For further information or interview opportunities, contact:

Ross McTaggart
Marketing communications manager
0203 693 6532

About Paymentsense

Paymentsense was founded by serial entrepreneurs George Karibian and Jan Farrarons. As the UK's largest merchant service provider, Paymentsense enables 45,000 SMEs to process over £5 billion worth of card payments per year. From contactless card machines to online payment services, Paymentsense supplies small businesses with card processing solutions that allow them to take payments in store, online, over the phone and on the move.

About Inc.

In 1982, Inc. Magazine, the leading magazine for entrepreneurs and leaders of private companies, introduced the Inc. 500 list of the fastest-growing privately held companies in the United States. Since then, this prestigious list of America’s most successful private companies has become the hallmark of entrepreneurial success and the place where future household names first make their mark. Pandora, 7 Eleven, Toys 'R' Us, Microsoft, Domino’s Pizza and numerous other well-known brands have been honored by the Inc. 500. Today, the list is a distinguished editorial award, a celebration of innovation, a network of entrepreneurial leaders, and an effective public relations showcase. Both in the U.S. and in Europe, the Inc. 5000 ranks companies by overall revenue growth over a three-year period. All honoree companies are individually profiled on The list and its honorees are frequently and prominently featured in the print issues of Inc. magazine and at Inc. also ranks the fastest-growing companies by industry, country, revenue, and number of employees, and business type.

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