Clearent Named 6th Fastest Growing Company by St. Louis Business Journal

Clayton, MO, June 18, 2015 --(PR.com)-- Today Clearent, one of the fastest growing payment processing companies in the U.S., announced that it was named the 6th fastest growing private company by the St. Louis Business Journal. This marks Clearent’s fourth straight year on the prestigious list, which was made possible by the company’s 161% jump in revenue between 2012-2014.

Operating in the dynamic electronic payments industry, Clearent has found success by focusing on core values such as honesty and transparency and delivering unique benefits to its sales partners, sales teams, developers and merchants. For example, Clearent’s end-to-end payment processing platform drives its next day funding service, which has an 11:00 p.m. Eastern cut off time – one of the latest in the industry, and helps merchants get their money one day faster than the standard funding cycle. Clearent’s proprietary technology also fuels the company’s unique graphical reporting tools and gives its sales teams and partners flexible pricing options and transparent residual payments. As a result, Clearent continues to attract new sales professionals and partners, as well as new merchant customers.

Clearent’s growth is being fueled by the company’s secure payment gateway, which was launched last year. Through the gateway and the Clearent Developer Center, Clearent is able to offer developers both one-time and recurring payments, multiple integration options, access to complete working code samples and live support from payments professionals who know the industry and are there to ensure that clients can seamlessly integrate payments to their software program or application.

Clearent adds this honor to its list of other accolades, which includes being ranked #41 on The Nilson Report’s list of Top Merchant Acquirers in the U.S. and also coming in at #975 on the Inc. 5000 list of fastest growing private companies.

Clearent is headquartered in Clayton, MO and is continually looking to expand its Development, Technology, and Sales teams. The company has 70 full time employees in the greater St. Louis area and 155 total nationwide. In addition, Clearent recently announced that it raised $25 million from FTV Capital, which will be invested back into Clearent’s technology to help drive future growth.

“At Clearent, we take a lot of pride in our community,” said Dan Geraty, CEO of Clearent. “We’re thrilled to be a part of the growing economy in St. Louis, and that we were once again named to the St. Louis Business Journal’s list of fastest growing private companies.”

About Clearent

Clearent is a complete payment processor that leverages its proprietary payments platform to make doing business easier and more profitable for its sales partners. Clearent’s commitment to honesty and transparency has made it one of the most trusted companies in the payments industry. Clearent is one of the fastest-growing credit card processing companies, processing $8 billion in annual transaction volume for 25,000 businesses nationwide. To learn more, visit www.clearent.com or call 866.205.4721.