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PayRange ranks 83rd on Deloitte’s Technology Fast 500

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November 18, 2020

PayRange ranks 83rd on Deloitte's Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America, according to a press release.

PayRange grew 1,325% during the previous three-year period.

"The automated retail industry, characterized by small ticket payments made traditionally with cash and coin, had been largely left behind by incumbent cashless payment providers," CEO Paresh Patel said in a prepared statement. "Recognizing the opportunity and leveraging our industry experience, we invented mobile payment technology designed specifically for this market that not only brought touchless payments to these machines, but also elevated the overall experience. We're thankful to our customers for deploying our solution which is at the forefront of transforming an industry that has otherwise seen little payment innovation in over 50 years."

"For more than 25 years, we've been honoring companies that define the cutting edge and this year's Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives," Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader, said in the release.