Vantiv, Inc. : Vantiv Named by Forbes as One of America's Fastest Growing Tech
Vantiv News Release
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Vantiv Named by Forbes as One of America's Fastest Growing Tech Companies
Vantiv Ranked Alongside Some of the Biggest Tech Companies in the United
CINCINNATI - June 25, 2013 -Vantiv, Inc. (NYSE: VNTV), a leading provider of
payment processing services and related technology solutions for merchants and
financial institutions of all sizes, announced today that it has been named by
Forbes Magazine as one of America's Fastest Growing Tech Companies for 2013 in
its June 24^th issue.
"We are thrilled to be recognized by Forbes as a leading technology company
and for our sustained, rapid growth," said Charles Drucker, president and
chief executive officer at Vantiv. "Our fast growth is a testament to the
dedicated team of payments professionals at Vantiv and our ability to win
Each year Forbes ranks the 25 fastest-growing technology companies by
reviewing more than 2,100 publicly traded technology companies and identifying
profitable companies with minimum revenue of $150 million and a minimum market
value of $500 million^1. Vantiv has been ranked number 20 of the top 25 tech
companies alongside some of the biggest technology companies in the nation.
The expansion of Vantiv's distribution channels combined with the scale and
efficiency of its single-integrated platform continued to support its growth
and market share gains. Earlier this year, the independent publication The
Nilson Report, also confirmed Vantiv's growth. An analysis of its March 2013
issue confirms Vantiv had increased its share of purchase transactions by
1.3%^2 to 14.8%^2 in 2012.
Vantiv's growth strategy, combined with its comprehensive suite of payment
solutions, represents the company's continued investments in emerging
technologies and strong execution capabilities, which expand choice and
acceptance options for merchants and financial institutions nationwide.
To view the Forbes article, please visit the following link. For more
information about Vantiv please visit vantiv.com or on Twitter, Facebook,
LinkedIn, Google+, and YouTube.
Director of Public Relations
^1 Complete ranking methodology can be found at
^2 Based on Vantiv's analysis of data published in issue # 1,013, March 2013,
The Nilson Report
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor
differentiated by a single, proprietary technology platform. Vantiv offers a
comprehensive suite of traditional and innovative payment processing and
technology solutions to merchants and financial institutions of all sizes in
the U.S., enabling them to address their payment processing needs through a
single provider. We build strong relationships with our customers, helping
them become more efficient, more secure and more successful. Vantiv is the
third largest merchant acquirer and the largest PIN debit acquirer based on
number of transactions in the U.S. The company's growth strategy includes
expanding further into high growth payment segments, such as ecommerce,
payment facilitation (PayFac^TM), mobile, prepaid and information solutions,
and attractive industry verticals, such as petroleum, business-to-business,
government, healthcare, gaming and education. For more information, visit
© Copyright Vantiv, LLC. All rights reserved. Vantiv, the Vantiv logo, and
all other Vantiv product or service names and logos are registered trademarks
or trademarks of Vantiv, LLC in the USA and other countries. ® indicates USA
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(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Vantiv, Inc. via Thomson Reuters ONE
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