SOURCE: Cambridge Global Payments

Cambridge Global Payments

September 15, 2016 09:00 ET

Cambridge Global Payments Achieves Ranking for 2016 PROFIT 500

Cross-Border Payments and Risk Management Solution Provider Recognized for Fourth Year in a Row as One of Canada's Fastest-Growing Companies

TORONTO, ON--(Marketwired - September 15, 2016) - Cambridge Global Payments, a leading provider of integrated cross-border payment services and risk management solutions, has been named No. 178 on the 28th annual PROFIT 500 ranking of Canada's Fastest-Growing Companies by Canadian Business and PROFIT, Canada's largest annual celebration of entrepreneurial achievement

Cambridge's placement on this year's PROFIT 500 highlights the company's continued achievements in the growth of its business and the strong team behind the company's success. A major milestone for Cambridge was the launch of its online trading platform, Cambridge Link. Cambridge Link was swiftly recognized by Global Finance Magazine for product innovation in foreign exchange, due to its enhanced user interface and full back office integration capabilities. Consistent with Cambridge's vision to establish its brand to more markets around the world, the company expanded its European presence to Spain, France and Italy.

"We are proud to be recognized for the fourth consecutive year in a row by the PROFIT 500 ranking of Canada's Fastest-Growing Companies," said Gary McDonald, Chief Executive Officer, Cambridge Global Payments. "Over the past 24 years, we have increasingly placed an emphasis on our FX knowledge and expertise, along with the development of customized technologies designed to automate the cross-border payment process. The collective talent of the Cambridge workforce has made our overall growth possible, and I recognize their dedication as integral to our success. In addition, we have built a world-class portfolio of payment and hedging solutions, run our operations as efficiently as possible and kept a close watch on market developments so we can quickly respond to the needs of our clients. This has been our success to-date and why we are committed more than ever to continue this strategy."

"Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe."

About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business -- what leadership looks like.

About Cambridge Global Payments
Cambridge Global Payments is a leading provider of integrated cross-border payment services and risk management solutions. As a trusted partner for over 20 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.

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Contact Information

  • For more information, please contact:

    Irene Lo
    Magnolia Communications
    Phone: +1 (604) 306-1015
    Email: irene@magnoliamc.com

    Brad Loder
    Director, Marketing & Communications
    Cambridge Global Payments
    Phone: +1 (416) 646-6401 ext. 2392
    Email: bloder@cambridgefx.com