Ncontracts, the leading provider of integrated risk management and lending compliance solutions for the financial services industry, has been named to the Inc. 5000 list for the fourth consecutive year, demonstrating strong and steady growth as well as significant resilience and flexibility, given the last two year’s unprecedented challenges.
In addition to being named the No. 2,235 fastest growing company in America, Ncontracts is also ranked in three sub-categories, including No. 300 in software companies, No. 55 in Tennessee and No. 29 in Nashville. Tennessee continues to see strong growth among small businesses. Since last year, the state saw over 77,000 filings for new businesses, making it the 8th fastest-growing economy in the U.S. Additionally, Nashville took the top spot as the U.S. city seeing the most economic growth in 2021.
Michael Berman, founder and CEO of Ncontracts, said, “We are honored to be on this distinguished list of fast-growing companies for the fourth year in a row. As the need for better risk and compliance management tools increases, we are helping more financial institutions take control and scale their operations. We are thankful to our team in this effort and to our more than 4,000 customers who continue to trust us as their partner.”
Ncontracts' integrated risk management solutions enable banks, credit unions, mortgage lenders and fintech companies in all 50 U.S. states to automate their risk management and compliance activities. Clients save time in assessing and managing risks related to the financial products they market to consumers and ensuring that their compliance activities are accurate and complete. The company’s knowledge as a service (KaaS) solutions give financial institutions and fintechs the benefit of cloud technology built to make it easy to find and leverage industry-leading content developed and maintained by a team of seasoned risk and compliance experts.
Not only a significant contributor to both the nation’s and Tennessee’s economies, Ncontracts was previously named to Inc. Magazine’s 2022 Best Workplace list for creating an exceptional workplace and company culture. The company has experienced rapid growth over the past several years, more than doubling its employee and customer base since 2019.