Buyatab Online Inc., a leader in digital gifting, is excited to announce today that we ranked #2 overall on the 29th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies.

In addition to being ranked the second fastest-growing company overall, Buyatab earned top honors as the #1 software company in Canada and, the fastest-growing company in Vancouver.  Canadian Business and PROFIT Magazine’s annual PROFIT 500, is the definitive ranking of Canada’s Fastest-Growing Companies.  Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Buyatab made the 2017 PROFIT 500 list with five-year revenue growth of 18,662%.  An even more notable achievement, considering Buyatab ranked #3 on last year’s Profit 500 list with five-year revenue growth of 10,735%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today.  Canada—and the world—needs more entrepreneurial success stories like these.”

“We are thrilled to have placed near the top of the PROFIT 500 ranking for a second consecutive year,” said Johann F. Tergesen, Buyatab’s CEO adding, “Buyatab’s rapid growth can be attributed to our dynamic team, and our strong merchant partners, who have embraced innovative online gift-giving solutions.”

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

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About the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. 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. Learn more at CanadianBusiness.com.

About Buyatab
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 (website, mobile site, Facebook page, etc.) and delivered to recipients via email or text message, leveraging the rapid growth in mobile device and social media use, and with full compatibility to mobile wallets such as Apple Wallet. With clients in the United States, Canada, Europe and Asia, Buyatab provides eGift Card services to merchants in a wide variety of sectors, including retail, hospitality, restaurant, shopping, hotel and others.
http://www.buyatab.com

View the full press release here.