Xactus ranked 21 st in the financial services sector
Inc. revealed that Xactus is No. 288 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. In addition to ranking in the top 300, Xactus is the 21 st fastest-growing financial services company in the country. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses.
“It’s a humbling recognition of our business and accomplishments to be No. 288 on the Inc. 5000 list of fastest-growing private companies in the US – we’re very proud and
honored to be included,” said Perry Steiner, Chairman & of Xactus. “This high ranking demonstrates Xactus’ deep commitment to accomplishing our mission of transforming the mortgage industry. We appreciate this recognition as it is an acknowledgment of the strides we have made in advancing the mortgage verification process and leading through innovation.”
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500 companies, over 68,000 jobs were added in the United States over the past three years. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
Shelley Leonard, President of Xactus, added, “We’re delighted to be named to the Inc. 5000 list, especially given the challenges our industry has encountered this year. It’s gratifying to have our hard work and accomplishments recognized – and it will only inspire us more to keep delivering for our clients, while growing and moving the industry forward.”
Xactus is comprised of the merged family of companies that includes Credit Plus, Universal Credit Services, CIS Credit Solutions, Avantus, DataFacts Lending Solutions, and MassiveCert.
Xactus is the leading verification innovator for the mortgage industry. The company has over 6,500 clients ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. With 12 operation centers across the U.S., Xactus collaborates closely with its clients to digitally integrate a 360° approach to verifications across their workflows. As a result, lenders can easily access the technology necessary to meet consumer demands for a modern mortgage experience with industry-leading speed, reliability, and accuracy – while also closing more loans more quickly with greater profitability.
More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.