The Receivables Exchange, the online marketplace for the sale and purchase of receivables, has been on a roll lately, racking up awards for Management Team of the Year, Emerging Growth Company Award, and announcing growth of 466% over 2010.
And now the PR machine keeps on ticking with the announcement that the company’s founders, Justin Brownhill and Nic Perkin, were named to the The Tech 50: The Most Disruptive People In Financial Technology by Institution Investor Magazine. Together, Brownhill and Perkin ranked No. 42 on the list.
This year’s list honors financial technology disruptors who are “eager to make innovative leaps to gain competitive advantages” and, in the process, transform the way we do business. The rankings are compiled by the editors and staff of Institutional Investor, with nominations and other input from industry experts.
In its citation for The Receivables Exchange, Institutional Investor highlighted the company’s rapid growth, calling the online receivables marketplace a “roaring success” that is just scratching the surface of a $17 trillion market potential.
“The U.S. capital markets today are facing dramatic change, propelled by technological innovations and market forces,” said The Receivables Exchange’s Co-Founders, Justin Brownhill and Nicolas Perkin. “Making this list is a powerful signal of the impact the Exchange is contributing as we move to assist businesses – small and large – to better manage their receivables and address this often ignored, yet largest, asset class in the capital markets.”