Buyatab Online Inc., a leader in digital gifting, has been named as one of Canada’s fastest growing companies in the Deloitte Technology Fast 50™ awards. The Fast 50 program recognizes 50 Canadian technology companies with the highest revenue-growth rate over the past four years. Buyatab has achieved 627 percent growth in revenue over the past four years. Beyond revenue growth, the list recognizes technology companies that have invested heavily in research and development and own proprietary technology.
The Deloitte Technology Fast 50™ program recognizes public and private companies in the technology sector that share common traits and strengths and which are transforming the technology industry. Celebrating its 20th anniversary this year, the program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
Buyatab’s CEO, Johann Tergesen, credits the hardwork of the entire team for the company’s strong revenue growth. Tergesen said, “We’re honoured to be named to this year’s Technology Fast 50 list. Our success stems from the innovative spirit of our entire team, whose continuous effort to improve our leading-edge technology has allowed us to rapidly grow our merchant partners’ on-line sales programs.”
“New technologies have disrupted various industries in ways that were unimaginable a few years ago,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners have led the way and I can’t wait to see where they take us next.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
About the Deloitte Technology Fast 50
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures and Wellington Financial. For further information, visit www.fast50.ca.
Buyatab is a leading provider of advanced online gift card infrastructure solutions for medium and large-sized businesses. Buyatab provides a seamless solution for gift cards to be purchased from a merchant’s online properties and delivered to recipients via email or text message, leveraging the rapid growth in mobile device and social media use. Buyatab’s technology has full compatibility 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, hotel and others.