PCI Pal® Listed in Growth Index Top 100 Ranking of UK's Fastest Growing Companies for the Second Consecutive Year
- 12.05.2023 02:15 pm
PCI Pal®, the global SaaS provider of secure payment solutions for business communications, has been ranked in the Growth Index Top 100 for the second consecutive year. The annual list showcases the UK companies that are achieving the fastest growth in revenue over a preceding two-year period.
PCI Pal achieved average annual sales growth of 64.79% according to the figures by Growth Index (GX), which are based on a rigorous financial analysis of the annual growth of a total of 32,000 companies in the UK over a two-year period.
From consumer goods to tech start-ups, fintech to manufacturing, Growth Index is sector agnostic, featuring many of the most successful, high-growth companies in the UK. The independent analysis highlights those businesses that have really stood out from the crowd, revealing unique insights into the visionaries behind their success.
James Barham, CEO of PCI Pal, said: “To be recognised by Growth Index, for the second consecutive year, as one of the UK’s fastest growing companies is a fantastic achievement and is a testament to the efforts of our talented team.
“We have delivered another strong period of growth, driven by our market-leading partner eco-system, as well as our capability to deliver our patented cloud solutions in a light-touch way, on a truly global basis.”
PCI Pal’s cloud-based payment solutions are trusted by an extensive and fast-growing customer and partner base. Customers include well-known brands such as Virgin Atlantic, Michelin, Autotrader, as well as a strong presence in government contracts. Partners include Genesys, Talkdesk, Amazon Connect, Worldpay, 8×8, Vonage, Freshworks, and Capita.
Orlando Martins, founder of Growth Index and ORESA comments, “The leaders of these companies that experienced rapid growth between 2019 and 2023 have faced unprecedented challenges due to the aftermath of Covid and Brexit, resulting in highly unusual business conditions. In the past year, they have also had to contend with four major obstacles: inflation, interest rates, the threat of a recession, and low international trade figures, all of which have slowed decision-making.
“However, despite these challenges, high employment rates and resilient consumers have given rise to a new era of growth and equity, with business leaders, investors, and the public increasingly focused on building a sustainable and beneficial UK economy in every region. This is great news for the incredible visionaries and companies that appear on our list.”