Press
WILMINGTON, Del., August 15, 2023 – This week, Best Egg, a leading fintech that provides flexible solutions to help people with limited savings confidently navigate their everyday financial life, was named by Inc. to the 2023 Inc. 5000. This annual list, compiled by Inc., ranks the fastest-growing private companies in America, offering a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Best Egg sits alongside many other household name brands such as Facebook, Chobani, Under Armour, Microsoft, and Patagonia which gained their first national exposure as honorees on the Inc. 5000.
“Being named to the 2023 Inc. 5000 reflects the Best Egg team’s unwavering commitment to growth over the past three years,” said Paul Ricci, CEO at Best Egg. “Our efforts to remove friction, offer consumers more flexibility, and increase access to responsible lending products and financial health tools have helped us accelerate to $26 billion in personal loan originations and 2.9 million accounts since the platform’s inception in March 2014. We look forward to driving continued growth in the years to come, helping our customers be money confident.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 5000 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238. In all, this year’s Inc. 5000 companies have added about 1.2 million jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.
“Running a business has only gotten harder since the end of the pandemic,” says Scott Omelianuk, Editor-in-chief at Inc. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
Best Egg offers customers with limited savings a growing suite of flexible tools, including unsecured and secured personal loans, vehicle equity loans, a credit card, a flexible rent platform, and free financial health tools. Leveraging real-time customer insights and data engineering, Best Egg connects more people with the right products for their financial needs. The company achieved record-breaking performance in 2022, with new annual highs in personal loan and card originations, gross revenue, and pre-provision net revenue. Best Egg received Top Workplaces USA recognition in 2022 and won the Top Workplaces and Top Leadership awards in Delaware for large companies.
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About Best Egg
Best Egg is the leading financial confidence platform that provides flexible solutions to help people with limited savings confidently navigate their everyday financial lives. Best Egg supports customers through a growing suite of personal loans, credit cards, flexible rent, and financial health tools. Leveraging real-time customer insights and data engineering, Best Egg gives more people access to the resources they need to be money confident. For more information, visit www.bestegg.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.
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MEDIA CONTACTS:
Lisa Albiston, Sr. Director, PR
Best Egg
Libby Burgoyne, Account Executive
Vault Communications
