SOURCE: Alpha Card Services

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November 19, 2015 16:15 ET

Record-Breaking Revenue Lands Alpha Card Services on Inc. 5000 List -- Again

Financial Technology Leader Marks 8th Year on Renowned Fastest Growing List

PHILADELPHIA, PA--(Marketwired - November 19, 2015) - Amid extraordinary revenue growth, Alpha Card Services announced today that it has yet again secured a place on the coveted Inc. 5000 List of America's Fastest Growing Private Companies. 2015 marks the eighth time the financial technology company has enjoyed this honor over the past nine years.

Not only did Alpha Card Services make Inc. magazine's nationally recognized list again, it ascended more than 1,500 spots on the list in 2015 to receive a ranking of 2,781. The list, which examines a company's percentage growth of annual revenue over a three-year period, reported Alpha Card Service's growth at 130 percent. Total 2014 revenue soared nearly 20 percent to $22.4 million from $18.7 million in 2013.

"The record-breaking revenue we've enjoyed over the last four quarters alone, speaks to our appointment to this list," said Lazaros Kalemis, Founder and CEO. "We are truly honored to have been named among America's Fastest-Growing Private Companies and are proud of our robust revenue growth, our team, and the businesses we serve."

Alpha Card Services has positioned its comprehensive suite of business solutions including merchant services, point of sale, payroll solutions, gift and reward cards, working capital and ATM services, in a way that connects with clients and provides them with optimal benefit for their business needs. This strategic positioning, combined with its talented employees, commitment to customer service, and dedication to its core market -- small and medium sized businesses -- have contributed to the year's positive revenue growth.

"Our suite of solutions stands out among our competitors and provides tremendous value to our clients; whether they are looking for point-of-sale, payment processing, or payroll services, they know they can trust us to provide a value they won't find elsewhere," Kalemis said. "With Alpha, our clients find a unique suite of solutions, one-stop-shopping, unparalleled industry knowledge, and competitive pricing. Our recent revenue growth reflects our ability to leverage that comprehensive suite of solutions to our core market."

As Alpha Card Services has grown, senior leadership has continued to invest in its people as well -- boosting its workforce by nearly 40 percent. In recent months, Alpha brought on new finance, operations, payroll and marketing executives, as well as a new relationship manager -- all of whom have decades of experience in the financial technology space.

"We are committed to investing in the future," said Kalemis. "These new hires and our continued focus on the latest technology demonstrate our commitment to our company's future and to that of our clients."

About Alpha Card Services

Headquartered in Pennsylvania, Alpha Card Services provides comprehensive, industry-leading solutions for businesses of all sizes throughout the United States. Alpha's business solutions include Merchant Services, POS, Payroll Services, Gift & Reward Cards, Cash Advances, ATM Services and more. Processing over $2 billion in transaction volume annually, our dedicated team works closely with each merchant to help maximize income potential and meet their payment needs -- all at competitive prices.

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