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YapStone Named to Deloitte 2014 Technology Fast 500™WALNUT CREEK, Calif. --(Business Wire)-- YapStone, a leading global provider of web and mobile payment solutions, today announced it was named to the Deloitte (News - Alert) 2014 Technology Fast 500™, an annual ranking of the 500 fastest growing North American companies in the technology, media, telecommunications, life sciences and clean technology sectors. Based on 2009-2013 revenue growth, the Deloitte Technology Fast 500 list highlights both private and public companies leading their industries and transforming the way the world does business. YapStone grew 185 percent during this period as it continues to expand the adoption of electronic payments across its payment platform. "We are honored to have earned a place on the Deloitte Technology Fast 500 list for the first time," said Tom Villante, Chairman & CEO, YapStone. "Building an innovative payment platform is the backbone of our business. Our technology allows YapStone to deliver an unprecedented level of integration and customization to power payments for businesses both large and small. We are committed to drive growth and support the unique business needs of our diverse industry partners - global online marketplaces, property managment companies, vacation rental owners and non-profit organizations. Our position on the Deloitte Technology Fast 500 list is a testament to the commitment and accomplishments of our team of payment experts." For more information, visit Yapstone.com. About Deloitte's 2014 Technology Fast 500™ Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies - both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America. About YapStone YapStone powers a web-based and mobile payments platform that is changing the way the world pays for everyday expenses ranging from apartment rents to online marketplaces. YapStone processes over $10B annually in the U.S. and internationally. Its payments products offer the flexibility to serve industry-specific payment, reporting and software integration demands of the vertical markets it serves. Today, YapStone payment solutions include RentPayment.com (multi-family), VacationRentPayment.com (vacation rentals), HolidayRentPayment.com (vacation rentals - Europe), ParishPay.com (non-profit), DuesPayment.com (HOA assessments) and StorageRentPayment.com (self storage). In addition to powering its own payment solutions, the YapStone payment platform is increasingly being used by third parties looking for a turn-key transaction solution in specific markets. With a $50 million minority investment by Accel Partners (News - Alert) and Meritech Capital Partners, YapStone is expanding its platform into new vertical and geographic markets. Yapstone was recently recognized by Inc. 5000 as one of Fastest Growing Private Companies for the 7th consecutive year and was also named to Forbes' List of America's 100 Most Promising Companies. Founded in 1999, YapStone maintains San Francisco Bay offices, as well as Santa Monica, CA (News - Alert) and Ireland.
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