Financial technology innovator achieves three-year sales growth of 1,670% enabling the underserved
MOUNTAINSIDE, N.J., Aug. 22, 2013 — Inc. magazine today ranked FlexWage Solutions # 256 on its 32nd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. FlexWage was additionally recognized as the #17 Top Financial Services Company, #10 on the Top 100 New Jersey Companies and ranked #21 on the New York City Metro Area Companies. The lists represent the most comprehensive look at America’s independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Vizio, Pandora, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“Congratulations to all of the companies that made the Inc. 500/5000 in 2013. We are proud to be among this elite group of outstanding companies with the vision and passion to achieve. Building financial technology solutions for the fiscal well-being of millions of employees is proving to be profitable, sustainable and rewarding. Financial empowerment for the underserved has proven to be invaluable to both employee and employer. This market has long suffered from a lack of creative thinking; our solutions fundamentally change the dynamics of capital access.”
FlexWage can instantly add hundreds of new employers and cardholders at www.paycardsnow.com. The online solution takes the pain and archaic application process out of the equation, permitting the employer to enter their data, starting the compliance process in minutes and ordering cards immediately. The FlexWage Payroll Card gives employees access to their compensation via direct deposit on payday, allowing employers to be free of paper paychecks and achieve 100% electronic pay. With very little additional setup, employers may also choose WageBank, FlexWage’s employee benefit providing instant access to accrued wages. Employers may even add funds spontaneously via their portal to instantly disburse achievement bonuses, per diems, expense reimbursement and dozens of other needs between paydays.
The 2013 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 20 to November 14 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 918% in sales growth. Complete results of the Inc. 500|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.
About FlexWage Solutions LLC
FlexWage is dedicated to improving financial access and well being for the unbanked and underserved populations, benefiting workers, employers, and their surrounding communities. Our solution offers an outstanding pay card program, supercharged by WageBank. WageBank interfaces with employer payroll and time & labor systems to provide employees with access to accrued wages, helping American households avoid the debt trap associated with using high-cost lending alternatives. FlexWage Solutions is based in Mountainside, New Jersey. For more information on FlexWage Solutions, please visit FlexWage.com, find us on Facebook at Facebook.com/flexwage, or follow us on Twitter @flexwage
About Inc.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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.