PaymentCloud Achieves Recognizable Growth, Ranks No. 121 on Inc. Magazine’s Pacific Regional List

PaymentCloud Inc. has been honored with a position on Inc. Magazine's Inc. 5000 Regionals: Pacific list for 2024, ranking at number 121. This notable achievement highlights the company's success and growth within the independent small business sector of the Pacific region. It marks PaymentCloud’s third recognition as an Inc. 5000 Regionals honoree, underscoring its continuous growth and innovation as a merchant service provider.

Shawn Silver, PaymentCloud's CRO, emphasized the company's commitment to supporting small businesses and the significance of this accolade in reflecting the team's dedication to daily merchant interactions. Eric Hagerman of Inc. Media lauded the influence and future impact of companies on the Inc. 5000 network. Silver’s vision for PaymentCloud, which began in his garage in Los Angeles, quickly propelled the company to the prestigious Inc. 5000 list, achieving recognition three times since.

In a strategic development during July 2023, Electronic Merchant Systems acquired PaymentCloud. This acquisition is expected to enhance technology offerings, distribution channels, and consolidate operations for both entities, with PaymentCloud maintaining its headquarters in Encino, CA.