“We started Numerated to ensure banks and credit unions could easily and efficiently provide their business customers access to the capital they need to thrive,” said Numerated co-founder and CEO Dan O’Malley.
BOSTON (PRWEB) February 28, 2023
Today, it was announced that Numerated, the modern, data-driven digital lending solution for business banking, ranked No. 7 on the third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing Northeast private companies.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
Since 2017, Numerated has been dedicated to transforming the future of digital business lending through the creation of innovative solutions that reduce friction and increase efficiency in the loan origination process.
Numerated’s award-winning solution makes the experience of applying for capital easier by streamlining lending from application to close. More than 100 financial institutions have leveraged Numerated to drive profitable loan growth and customer satisfaction. Using the solution, Numerated customers have processed over $50B in lending to more than 500,000 small businesses nationwide.
“We started Numerated to ensure banks and credit unions could easily and efficiently provide their business customers access to the capital they need to thrive,” said Numerated co-founder and CEO Dan O’Malley. “On behalf of all of us at Numerated, I am incredibly proud that we have been recognized by Inc. for the second year in a row, and I’m looking forward to driving continued business lending innovation with our partners in 2023 and beyond.”
In 2022, Numerated ranked No. 4 on the Inc. Regionals Northeast list and No. 65 on the Inc. 5,000. Additionally, the company was also recognized by both Deloitte and Fintech Breakthrough as a leader in the fintech software as a service industry.
For a complete list of the 2023 Inc. 5000 Regionals honorees from the Northeast, visit inc.com/northeast.
Numerated transforms the way financial institutions lend to businesses. Banks and credit unions use Numerated’s modern business lending solutions to exceed businesses’ expectations for digital convenience while driving significant gains in efficiency. The platform uses data to streamline originations and underwriting for business banking products, from application to decision to close. More than 500,000 businesses and 30,000 financial institution associates have leveraged the platform to process over $50 billion in lending, making Numerated the fastest-growing fintech SaaS company on the 2022 Inc. 5,000. To learn more about how Numerated is taking digital business lending to the next level visit us at http://www.numerated.com.
More about Inc. and the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com/