According to a September 14, 2017 article on the Buyatab website, Buyatab Online Inc., a leader in digital gifting, announced that it ranked second overall on the 29th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies. The PROFIT 500 is published by Canadian Business and PROFIT Magazine, and ranks Canadian businesses by their five-year revenue growth.

In addition to its overall ranking, Buyatab also earned top honors as the number one software company in Canada and the fastest-growing company in Vancouver. The company’s five-year revenue growth was 18,662%, which is a significant increase from its five-year revenue growth of 10,735% in the previous year, when it ranked third on the list.

The PROFIT 500 program manager, Deborah Aarts, noted that this year’s applicant pool was the most competitive yet, and that the winners demonstrate the resilience, innovation, and management skills required to build a thriving business. Buyatab’s CEO, Johann F. Tergesen, attributed the company’s rapid growth to its dynamic team and strong merchant partners, who have embraced innovative online gift-giving solutions.

Buyatab also announced that its founder and chief operating officer, Matias Marquez, was recently selected as a 2017 Top 40 Under 40 honoree. The company is also a finalist in the 2017 Emerging Payments Awards, which will be announced in London, England on October 5th.

Buyatab is a leading provider of advanced online gift card infrastructure solutions for medium and large-sized businesses. The company’s technology allows gift cards to be purchased from a merchant’s online properties and delivered to recipients via email or text message, and is compatible with mobile wallets such as Apple Wallet and Google Pay.

With clients in the United States, Canada, and Europe, Buyatab provides eGift Card services to merchants in a wide variety of sectors, including retail, hospitality, restaurant, shopping, and hotel. The company’s services are designed to leverage the rapid growth in mobile device and social media use.

The PROFIT 500 ranking is developed by PROFIT and published in Maclean’s magazine and at CanadianBusiness.com. The ranking is considered one of the most respectable and influential measures of entrepreneurial achievement in Canada, and has been published for 29 years.

Buyatab’s achievement is a notable one, and demonstrates the company’s commitment to innovation and customer satisfaction in the digital gifting space. As the company continues to grow and expand its services, it is likely to remain a major player in the gift card industry.