Company takes top spot at the annual Philadelphia 100 awards.
Berwyn, PA (USA), November 19, 2013 — Prepay Nation, a leading provider of international mobile top-up and cross border micropayment services,has taken the top honor at the prestigious Philadelphia 100 awards, held annually by the Philadelphia Business Journal, the Wharton Small Business Development Center and the Entrepreneurs’ Forum of Greater Philadelphia.
The Philadelphia 100, a hallmark of entrepreneurial achievement in the region since 1988, is a merit-based program measuring the fastest-growing, privately held companies in the Philadelphia area. This year, the awards were presented to the winning 100 companies at the Annenberg Center for the Performing Arts on Oct. 16.
“To be recognized as the single fastest-growing private company in the region is a testament to the hard work of our team, as well as the market potential of our vision,” said Anurag Jain, CEO of Prepay Nation. “We want to thank the Philly100 team for this honor, and congratulate our fellow winners as well!”
This win comes on the heels of Prepay Nation’s recognition in the Tie50 as one of the 50 best startups in the world, selected from a pool of over 1,100 candidates from 24 countries. “We have expanded rapidly and strategically since our inception, and we are confident that with a team and an offering as outstanding as ours, this is only the beginning of what we will achieve.”
Prepay Nation’s Board of Advisors expressed enthusiasm for the win. “Prepay Nation is breaking ground in an industry that is continuously developing,” said Board Member FadySahhar, President of strategic business consulting firm XtraGlobex. “Their broad network and unique capabilities are putting them at the forefront in markets where demand is increasing, and I’m proud to be involved with such an innovative team.”
Board Member Carol Realini, author and mobile payments and banking pioneer, commented, “The global mobile ecosystem is rapidly evolving as consumers all over the world use their phones for more activities and services than ever before. The Prepay Nation team is has done an incredible job of building an innovative cross border platform and leading in the Americas corridor. I have no doubt that this award is one of many they will garner in the next few years.”
“There are so many stakeholders that benefit from Prepay Nation’s work,” said Board Member A.J. Hanna, financial industry veteran and Director atAnthemis Group. “Not only do service providers and points of sale reap significant rewards from integrating, but consumers all over the globe are more connected, with vastly more options for supporting their loved ones, as a result.”
“As many in this industry work to reinvent financial services for the 21st century, companies like Prepay Nation are absolutely at the heart of the foundation we are building on, and will continue to be critical innovators in the years ahead,” Hanna added.
About Prepay Nation:
Prepay Nation enables value transfer across international borders using a global mobile ecosystem of 149 mobile operators. Processing millions of transactions across the Americas, Prepay Nation leads the way in expanding distribution with rich mobile customer experiences and has a traditional distribution channel of over 150,000 locations. Their processing platform serves as a foundation for micro transactions beyond airtime, enabling instantaneous value transfer creating revenue generation for operators, distributors, and retailers. With the recent acquisition of the European company, Minute Transfer SA, they are aggressively expanding into Europe, Asia and Africa. For more information visit: http://www.prepaynation.com.
About Philadelphia 100:
Started in 1988 by The Entrepreneurs’ Forum of Greater Philadelphia, The Philadelphia Business Journal and the Wharton SBDC, the Philadelphia 100 has recognized some of the region’s finest companies when they were just beginning to emerge: Mothers’ Work, Fiberlink, Urban Outfitters, Forman Mills, Kremer Laser Eye Center, and Primavera Systems, just to name a few.This program culminates in a gala event every fall where the fastest growing, privately-held companies are recognized. The event is one of the City’s premiere business events, marked by delicious hors d’oeuvres, open bar, great networking, “the countdown”, Hall of Fame inductions, Top 10 Fastest Growing Company Awards and the keynote speaker address.
Press & Media Contact:
Sarah Feidt
Head of Marketing
Prepay Nation
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 571 213 6609
sfeidt@prepaynation.com
