The payment platform has been recognized by the Women Presidents Organization for the leadership of CEO Suneera Madhani and by Inc. for its employee-centric environment and continued growth.
ORLANDO, Florida., May 10, 2022 /PRNewswire-PRWeb/ — Stax, the all-in-one payment API provider, has been recognized by the Women Presidents Organization (WPO) and Inc. for its continued success and outstanding company culture, respectively . These accolades recognize the growth of the Stax business over the past year as well as its continued efforts to put its people first.
Stax and CEO Suneera Madhani ranked third on the WPO’s 50 Fastest Growing Women-Owned/Led Companies in 2022. Stax previously ranked sixth on the WPO’s 2021 list. Inclusion on this list is reserved for private women-led businesses that have generated at least $500,000 revenue in each of the last five years. Madhani’s pioneering leadership earned her a prestigious spot among women leaders after guiding Stax to a banner year in 2021 that saw the company continue its rapid growth.
“As a woman of color who started her own business, I’m no stranger to the myriad obstacles that are in front of us,” Mahani said. “That’s why I’m honored to have been recognized by the WPO for the continued growth and accomplishments of my team. It’s important for us as women business leaders to support each other, and I want to continue using my platform to empower and advocate for female founders and leaders across industries.”
Stax was also recognized for the second time on Inc.’s Best Places to Work list, having previously made the list in 2020. The list highlights a few hundred of the best companies to work for in the country, without particular order. Additionally, Stax was named one of Inc’s Best Places to Work. in the Established Excellence category, which only rewards businesses that have been in business for 5-14 years. These accolades confirm Stax’s commitment to an employee-focused environment that prioritizes employee benefits and well-being. This dedication to its employees has helped the company become more than $1 billion Business.
“Our people are at the heart of our business, so creating a supportive and inviting corporate culture was imperative when creating Stax,” said Sal Rehmetullah, President and Co-Founder of Stax. “Our culture has a direct impact on our success, and these recognitions are a testament to that value. We want to maintain that momentum while ensuring that all of our employees share in our success.”
Stax is coming off a historic year in 2021 that saw the company make three acquisitions to grow the business and improve the customer experience. This growth continued in 2022 as $245 million the investment led by Greater Sum Ventures (GSV), HarbourVest Partners and Blue Star Innovation Partners in March propelled Stax to unicorn status. The company will continue to increase its workforce as it anticipates faster growth throughout the year.
To learn more about Stax, its leadership and corporate culture, please visit http://www.staxpayments.com.
Stax is one of America’s fastest growing fintech companies, recognized by US News and World Report, Inc. and Fortune for its radically simple payments technology. Stax (formerly Fattmerchant) empowers over 22,000 small businesses, large enterprises and software platforms with the industry’s only all-in-one payment API. Stax’s platform offers businesses and SaaS platforms the ability to manage their payment ecosystem, analyze data, and simplify their customer experience with fully integrated solutions. With access to everything they need to transact seamlessly, the one-stop-shop tool empowers businesses to act faster, think smarter and make better business decisions through the power of payments . Stax has powered over $10 billion in transactions and expanded globally to international markets outside the United States
Kiley Ribordy, Walker Sands for Stax, 312-267-0064, firstname.lastname@example.org