Today Canadian Business and PROFIT ranked Berkeley Payment Solutions on the 28th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Berkeley made the 2016 PROFIT 500 list with five-year revenue growth of 78%.
This is Berkeley's 5th year on the Profit 500. The ranking comes on the heels of our launch of a new Virtual Prepaid Card product, and our move to a larger office in the city's financial core as we prepare to expand into international markets. Berkeley develops and manages Visa and MasterCard prepaid card solutions for Fortune 500 companies, governments, and financial institutions.
"We're very proud to be once again included in this exclusive ranking alongside some of Canada's most innovative and successful companies," says Jonathon Hamburg, CEO of Berkeley Payment Solutions. "I see this recognition as more than just a number - it's a testament to the ideas and hard work of our employees, and the strong and trusted relationships we have with our clients and partners."
"Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe."
Read more about the other Canadian companies who made it to the PROFIT 500 at Profitguide.com.