Places in Top 100 for Software and
Texas-Based Companies
HOUSTON, Aug. 13,
2024 /PRNewswire/ -- FINBOA Inc., a leading innovator
in intelligent process automation software for financial
institutions, has been named to the INC 5000 Fastest Growing
Companies List. Inc. revealed that FINBOA ranked 650 in the 2024
list of Inc. 5000, the magazine's annual list of the
fastest-growing private companies in America. The list further
named FINBOA in the Top 100 fastest growing private companies in
the Software sector (#73) and among Texas-based companies (#58). Microsoft, Meta,
Chobani, Under Armour, Timberland, Oracle, Patagonia, and many
other household-name brands gained their first national exposure as
honorees on the Inc. 5000.
"As a growth company focused on providing intelligent automation
to improve banking operations and compliance, we are delighted to
have earned our spot on the Inc. 5000 list, showcasing our business
achievements," said Raj Singal. "This data-driven ranking
underscores the talent and dedication of FINBOA's team. I am proud
of this recognition and congratulate our team and all the companies
named as honorees on this year's list. We are grateful to our
customers and partners who have placed their trust in our
solutions, contributing to FINBOA's continued success."
The announcement of FINBOA's inclusion on the Inc. 5000 list
follows a series of industry accolades for the company's Payment
Disputes solution, an intelligent process automation solution
designed to improve regulatory compliance and operational
efficiency for financial institutions handling high volumes of
payment dispute processing. During Summer 2024, FINBOA participated
in the Independent Community Bankers of America's® (IBCA) ThinkTECH
Accelerator Program, which connects the most innovative,
cutting-edge fintech companies in the world with leaders in the
banking industry. This year FINBOA was selected as a finalist in
the Fintech Futures Banking Tech Awards 'Best as-a-Service
Solution for Payments and the Finovate Awards Best
Back-Office/'Core Services Solution.
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year's top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. In all, this
year's Inc. 5000 companies have added 874,458 jobs to the
economy over the past three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands
beginning Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
About FINBOA
FINBOA provides intelligent process automation software to banks
and credit unions to simplify dispute processing while improving
regulatory compliance and customer experience by eliminating manual
systems. Leveraging extensive industry experience and a commitment
to customer success, FINBOA delivers transformative software proven
to enable institutional growth by reducing operational costs and
risk.
Headquartered in Houston,
FINBOA is trusted to help over 225 financial institutions
nationwide achieve targeted business outcomes and peace of
mind.
Learn more at www.finboa.com or follow us on LinkedIn, Facebook
and X social media platforms.
About Inc.
Inc. Business Media is the leading multimedia brand for
entrepreneurs. Through its journalism, Inc. aims to inform,
educate, and elevate the profile of our community: the risk-takers,
the innovators, and the ultra-driven go-getters who are creating
our future. Inc.'s award-winning work achieves a monthly
brand footprint of more than 40 million across a variety of
channels, including events, print, digital, video, podcasts,
newsletters, and social media. Its proprietary Inc. 5000 list,
produced every year since its launch as the Inc. 100 in 1982,
analyzes company data to rank the fastest-growing privately held
businesses in the United States.
The recognition that comes with inclusion on this and other
prestigious Inc. lists, such as Female Founders and Power
Partners, gives the founders of top businesses the opportunity to
engage with an exclusive community of their peers, and credibility
that helps them drive sales and recruit talent. For more
information, visit www.inc.com.
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SOURCE FINBOA