With a Two-Year Revenue Growth of 608.47%, Swipesum Ranks No. 27 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies

With Growth of 608.47%, Swipesum Ranks No. 27 on Inc. Magazine’s Midwest List

Solid growth and recognition for Missouri-based fintech advances mission of eliminating most fees associated with accepting payments.

Press Release

St. Louis, MO, 2/27/2023 Inc. magazine today revealed that Swipesum is No. 27 on its third annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies, based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Swipesum tops the chart for the Financial Services category.  Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy's most dynamic segment–its independent small businesses. 

“It is a proud day for Team Swipesum to be ranked one of the fastest-growing private companies in the Midwest," said Michael Seaman, Founder and CEO of Swipesum. "Our team cares deeply about clients' ongoing success, and that's reflected in our growth. Our passion for transparency and innovation has allowed Swipesum to earn our place among top-performing companies nationwide in an extremely competitive market. We look forward to another transformative year as companies are just starting to learn about our offering. We're thrilled to be recognized by Inc. as it is a true testament to the extremely talented team we have assembled right here in the Midwest.”

The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2019 and 2021, these 202 private companies had an average growth rate of 535 percent and, in 2021 alone, they added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy. Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/midwest.

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.

About SwipeSum: Founded in 2016 by brothers Michael and Stephen Seaman and based in St. Louis, MO, and Cape Girardeau, MO, Swipesum is a group of payment processing consultants leveraging proprietary software to act as a Chief Payments Officer for their clients. Interested in working together, schedule a free consultation here. Swipesum is a software-enabled service that finds any business the best payments solution at the best rate, at no cost to them. By eliminating most fees associated with accepting payments or turning them into a lucrative revenue stream, Swipesum is your Chief Payments Officer. Swipesum’s deep expertise and proprietary software, Staitment, fully manage and audit merchant services programs. Swipesum clients include +30 franchise brands, SaaS companies, eCommerce, and Multi-Unit Retail operators.

Michael Seaman

Michael Seaman

Michael is the co-founder and CEO of Swipesum. A veteran of the payments industry, Michael and his brother Stephen have led Swipesum since its inception in 2016. In his free time, Michael enjoyes time with his three children.

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