Points Named to 2015 PROFIT 500 List of Canada's Fastest-Growing Companies, Again
PROFIT Magazine Unveils 27th Annual List of Canada's Fastest-Growing Companies
Points (TSX:PTS) (Nasdaq:PCOM), a global leader in loyalty currency management, announces it has ranked No. 265 on the 27th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Points made the 2015 PROFIT 500 list with five-year revenue growth of 220%, and this is the third year Points has made an appearance on the PROFIT 500 list. This distinction follows recent Points momentum, including its announcement of the Points Loyalty Wallet, which allows users to track, manage and access multiple loyalty rewards programs wherever they are.
"The PROFIT 500 represents the highest tier of entrepreneurialism in Canada," says James Cowan, Editor-in-chief of PROFIT and Canadian Business. "They should be lauded for the positive economic contributions they've made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination."
"As a proudly Canadian company, we are thrilled to once again be named as one of Canada's Fastest-Growing Companies," said Christopher Barnard, president of Points. "This year marks the third year in a row that we've been recognized, an achievement that reflects the strength of our platform and dedication toward making the world's loyalty currencies as accessible and convenient as possible. Today's consumers are increasingly turning to digital channels to transact and manage their money, and loyalty programs are a fundamental part of this process. We believe that this consumer dynamic will be a major driver of our continued growth for the coming years."
Points' Loyalty Commerce Platform is a world leading open e-commerce platform that offers transaction-level opportunities to power products and services that allow loyalty programs to drive increased revenue and member engagement. Along with powering a range of private label products for individual loyalty programs, the newly launched Points Loyalty Wallet connects digital wallets, apps and merchants to their users like never before. It seamlessly integrates Loyalty into everyday transactions, delivering personalized, relevant value to millions of consumers.
To learn more about Points, visit Points.com.
About PROFIT and PROFITguide.com
PROFIT is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total print readership of more than 600,000, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
Points, publicly traded as Points International Ltd. (TSX:PTS)(Nasdaq:PCOM), provides loyalty eCommerce and technology solutions to the world's top brands to power innovative services that drive increased loyalty program revenue and member engagement. With a growing network of over 50 global loyalty programs integrated into its unique Loyalty Commerce Platform, Points offers three core private or co-branded services: its Buy Gift and Transfer service retails loyalty points and miles directly to consumers; its Points Loyalty Wallet service offers any developer transactional access to dozens of loyalty programs and their hundreds of millions of members via a package of APIs; and its Points Travel service helps loyalty programs increase program revenue from hotel bookings, and provides more opportunities for members to earn and redeem loyalty rewards more quickly. Points is headquartered in Toronto with offices in San Francisco and London.