Clearent Ranks 4th on List of Fastest Growing Companies

Clayton, MO, June 03, 2012 --(PR.com)-- Today Clearent announced that the St. Louis Business Journal ranked it the 4th fastest growing private company in the greater St. Louis metropolitan area. The list, which spans industries from financial services to technology and more, was compiled by comparing the revenue growth for area companies from 2009 to 2011. Clearent’s revenue grew 231% during this time.

This accolade follows Clearent’s recent recognition as one of the fastest growing credit card processing companies in the entire country. On The Nilson Report’s 2011 list of Top U.S. Merchant Acquirers, Clearent’s 112% annual growth rate was the second highest among all of the acquirers on the list.

Clearent’s rapid organic growth is being driven by new customers eager to reap the benefits of Clearent’s credit card processing services. Clearent’s advantages are made possible by its proprietary processing platform, which connects directly to Visa, MasterCard and Discover to settle credit and debit card transactions. Clearent’s innovative systems also deliver a clear and detailed statement, robust online reporting and a next day funding service that offers one of the latest cut-off times in the industry.

“It’s an honor to be named to the St. Louis Business Journal’s list of fastest growing private companies. Our entire team works hard to be one of the best credit card processing companies, both here in St. Louis and across the country,” commented Dan Geraty, CEO of Clearent.

About Clearent
Clearent is a credit card processing company that was built to be different. We combine leading edge technology with a passion for service to help our customers maximize the value of their merchant services program. Clearent provides sales agents, financial institutions and merchants with benefits not available from other providers, such as next day funding with a late cut-off time and unrivaled graphical, web-based reporting. The company has grown in excess of 100% for the past four years and now processes over $2.5 billion in annual card volume. To learn more, visit http://www.clearent.com or call 866.205.4721.