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PayRange Grows 1,325% to Rank in Top 100 Fastest Growing in North America on Deloitte’s 2020 Technology Fast 500™

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6 years ago

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PORTLAND, OR (November 17, 2020) –  PayRange announced it ranked 83 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. PayRange grew 1,325% during the previous 3-year period.

PayRange’s Chief Executive Officer, Paresh Patel, credits the revenue growth to its passionate team that develops and markets innovative payment technology to an industry ripe for innovation. He said, “The automated retail industry, characterized by small ticket payments made traditionally with cash and coin, had been largely left behind by incumbent cashless payment providers. Recognizing the opportunity and leveraging our industry experience, we invented mobile payment technology designed specifically for this market that not only brought touchless payments to these machines, but also elevated the overall experience. We’re thankful to our customers for deploying our solution which is at the forefront of transforming an industry that has otherwise seen little payment innovation in over 50 years.”

“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, Vice Chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”

About Deloitte’s 2020 Technology Fast 500™

Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.

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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About PayRange:  

PayRange was founded by Paresh Patel, an unattended retail veteran, to provide operators and consumers with a simple and secure mobile payment and loyalty solution for laundry, vending, amusement, and other small ticket merchants. PayRange is the North American leader in mobile payments for unattended retail. Its investors include Matrix Partners, Nyca Partners, and GV. Find out more at: https://www.payrange.com 

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Press Release

From Early Hardship to Building a $35.8M Portfolio: Don Kilam Shares the Business Philosophy Behind His Entrepreneurial Journey

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29 minutes ago

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August 3, 2026

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Don Kilam reflects on the experiences, business principles, and organizational strategies that contributed to the growth of Kilam International while expanding educational resources for entrepreneurs.

Las Vegas, Nevada, United States – Every entrepreneurial journey begins with a defining moment. For Don Kilam, founder of Kilam International, that moment emerged from overcoming significant personal and financial challenges that ultimately reshaped his perspective on business ownership, organizational planning, and long-term enterprise development.

From navigating periods of financial hardship and homelessness to building a business portfolio valued at approximately $35.8 million, Kilam’s story reflects years of entrepreneurship, strategic planning, and continuous learning. Rather than describing his experience as a universal roadmap to success, Kilam says his journey demonstrates the importance of understanding how businesses are organized, managed, and developed over time.

According to Kilam, one of the most significant lessons he learned was the value of treating business activities with the same discipline and structure expected of established organizations. That philosophy has since become a central theme of the educational resources developed through Kilam International, where entrepreneurs are encouraged to learn about business organization, operational planning, and responsible financial management.

A Journey That Changed His Perspective

Before establishing his current business portfolio, Kilam faced numerous personal and financial obstacles that shaped his approach to entrepreneurship. Those experiences motivated him to better understand how businesses operate, how organizations are structured, and how long-term planning can contribute to sustainable business growth.

“Building a business changed the way I viewed entrepreneurship,” said Kilam. “I came to appreciate the importance of organization, planning, accountability, and understanding how businesses function. Those experiences continue to influence the educational work we do today.”

Kilam explains that many entrepreneurs focus primarily on generating revenue, while often overlooking the importance of building a solid operational foundation. His experience led him to place greater emphasis on business structure, documentation, financial organization, and strategic planning as part of managing a growing enterprise.

Business Practices That Supported Growth

Throughout the development of Kilam International, Kilam adopted a number of business practices that he believes contributed to the company’s evolution.

One area of focus involved operating through formal business entities, including limited liability companies (LLCs) and trust structures where appropriate. According to Kilam, these organizational decisions were made as part of broader business planning and in consultation with professional advisors based on the company’s operational needs.

The company also invested in maintaining organized accounting systems and business banking practices to support financial management and administrative oversight. Kilam says accurate financial records and consistent operational procedures became increasingly important as business activities expanded.

As the company grew, Kilam explored a variety of business financing opportunities to support expansion initiatives. He notes that financing decisions were evaluated based on business objectives and available opportunities, while emphasizing that funding options vary significantly depending on the nature of each business and should always be assessed with appropriate professional guidance.

Kilam International also continued to explore business development opportunities through strategic partnerships, private business initiatives, and educational programs. These activities contributed to the company’s broader focus on entrepreneurship, business education, and organizational growth.

In addition, the company diversified its business interests across multiple sectors, including real estate, digital education, and online business communities. Kilam says diversification formed part of the company’s long-term business strategy and reflected its commitment to developing multiple areas of enterprise activity rather than relying on a single business segment.

Expanding Entrepreneurial Education

Drawing from these experiences, Kilam International has expanded its educational initiatives to help entrepreneurs better understand business organization, operational planning, accounting practices, and enterprise management.

The company’s educational resources discuss topics including business entity selection, organizational planning, financial recordkeeping, responsible business administration, and long-term operational development. Kilam emphasizes that these materials are intended to encourage informed decision-making and should not be interpreted as legal, tax, investment, or financial advice.

“Our goal is to encourage entrepreneurs to think beyond the initial stages of launching a business,” Kilam said. “Building a sustainable organization requires continuous learning, responsible planning, and a willingness to adapt as opportunities and challenges evolve.”

Through its online community and digital educational platforms, Kilam International continues to publish content designed to help entrepreneurs better understand the operational aspects of running a business. The company says future educational initiatives will continue to focus on entrepreneurship, organizational development, and business management while encouraging individuals to seek qualified professional advice for decisions involving legal, financial, or tax matters.

While every entrepreneurial journey is unique, Kilam believes that education, planning, and responsible business practices remain valuable components of long-term enterprise development. His story—from overcoming hardship to building a diversified business portfolio—serves as the foundation for Kilam International’s ongoing commitment to supporting entrepreneurship through education rather than promises of financial outcomes.

Contact Info:

Name: JEFFERY MCBRIDE JR
Email: Send Email
Organization: KILAM INTERNATIONAL
Address: 8565 S EASTERN AVE , SUITE 150, LAS VEGAS, NEVADA, United States
Phone: 702-200-4900
Website: https://www.donkilam.com/

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Rasmala Global Sukuk Fund Named Winner of Two 2026 LSEG Lipper Fund Awards for Best Fund over 10 Years

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3 hours ago

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August 3, 2026

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Dubai, United Arab Emirates, August 3rd, 2026, FinanceWire

Independent recognition of a decade of consistent, risk-adjusted performance

The Rasmala Global Sukuk Fund was recognised with the 2026 LSEG Lipper Fund Awards for Best Fund over 10 Years in the Bond Sukuk Global USD classification, winning across two award universes: Global Islamic and MENA Markets.

The LSEG Lipper Fund Awards have, for more than three decades, recognised funds that have delivered consistently strong risk-adjusted performance relative to their peers. Winners are determined using LSEG Lipper’s independent, proprietary quantitative methodology, based on the Lipper Leader rating for Consistent Return over three-, five-, and ten-year periods.

The Rasmala Global Sukuk Fund is a UCITS sub-fund of an open-ended, Luxembourg-incorporated umbrella investment company. One of the longest-running global sukuk funds of its kind, the Fund invests in a diversified portfolio of Shariah-compliant assets, comprising primarily investment-grade sovereign, government-related and corporate sukuk, without reference to any specific benchmark. The Fund is dynamically managed and targets both income and capital appreciation, with a monthly distribution of dividends, and has navigated multiple market cycles within a risk-managed framework.

The awards come at a period of heightened volatility for global fixed income. Fitch Ratings has noted that the sukuk market’s recovery in 2026 hinges on sustained regional stability, with issuance expected to remain below 2025 levels amid ongoing geopolitical uncertainty.¹ Against this backdrop, an independent award recognising consistent, risk-adjusted performance over a full decade underscores the value of an actively managed, disciplined approach through changing market cycles.

“We’re proud to see the Rasmala Global Sukuk Fund recognised among the best over ten years. In a market that continues to test investors, an independent award for consistent, risk-adjusted performance over a full decade speaks to the strength of our active management and the trust our investors place in us. It reflects the disciplined, long-term approach that defines how we manage capital at Rasmala,” said Eric Swats, Senior Executive Officer, Rasmala Investment Bank Limited.

About Rasmala Investment Bank Limited

Rasmala Investment Bank Limited (“Rasmala”) is an independent alternative investment manager serving Gulf-based investors including pension funds, family offices, corporates, endowments, and financial institutions. The firm is located in the DIFC, Dubai, UAE, and regulated by the Dubai Financial Services Authority (DFSA). It is a wholly owned subsidiary of Rasmala Investment Holdings (DIFC) Limited (“Rasmala Holdings”). For more information, visit www.rasmala.com.

¹ Market context sourced from publicly available third-party commentary: Fitch Ratings, “Global Sukuk Issuance Recovery Hinges on Regional Stability” (Non-Rating Action Commentary), 8 July 2026, fitchratings.com/research/non-bank-financial-institutions/global-sukuk-issuance-recovery-hinges-on-regional-stability-08-07-2026. Provided for context only.

Important information/disclaimer

For Professional Client only. This document constitutes a financial promotion and is directed only at persons who meet the DFSA’s definition of a Professional Client and must not be relied upon by any other person. It does not constitute an offer, solicitation or investment advice. Past or projected performance is not necessarily a reliable indicator of future results; the value of investments can fall as well as rise, and investors may not recover the full amount invested. RIBL is authorised by the DFSA to operate an Islamic Window and has appointed a Sharia Supervisory Board that reviews and approves its Islamic Finance products. The LSEG Lipper Fund Awards is awarded by LSEG Lipper based on its independent quantitative methodology; details are available at lipperfundawards.com. Prospective investors should read the Fund’s prospectus and KIID/PRIIPs-KID and seek independent advice before investing. The awards referred to herein should not be construed as a recommendation to purchase or invest in the Fund and does not guarantee future performance. Nothing in this communication excludes or limits any duty or liability owed by Rasmala Investment Bank Limited under applicable DIFC laws or the DFSA Rulebook.

Contact

Tim Hydari
Senior Executive, Branding & Investor Communications
Rasmala Investment Bank Limited
media@rasmala.com
+971 4 424 2700

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Press Release

TaqFlow Emerges to Overhaul Central Asian Cross-Border Payments

Published

2 days ago

on

August 1, 2026

By

Dubai, UAE, August 1st, 2026, FinanceWire

Fintech Pioneer Fuses Blockchain and Dedicated Content Delivery Network to Replace Broken 48-Hour Legacy Banking Rails with Instant, Ultra-Low-Fee Transactions

TaqFlow, a next-generation cross-border payment platform engineered specifically for Central Asian corridors, announced its official emergence from stealth mode and the public launch of pre-orders for its high-speed financial network. The platform solves the region’s most critical commercial pain points: slow settlement times, high transaction fees, and crippling currency volatility.

Unlike traditional financial institutions, the team behind TaqFlow is comprised entirely of digital nomads who have spent years traveling, living, and operating businesses across different countries. Having managed international operations on the move, the founders intimately understand the severe friction, predatory fees, and operational bottlenecks tied to cross-border capital movement.

“The spark for TaqFlow happened on a beach in Bali, of all places,” said co-founder Giorgi Beridze. “I was speaking with one of my eventual co-founders, who was venting about the sheer frustration of moving money between Georgia and Kazakhstan. The transaction took over two days to clear. In that short window, currency fluctuations ate away at the capital, costing him the equivalent of several hundred euros. It was a lightbulb moment for both of us. As nomads, we knew this pain intimately. We realized that the existing cross-border rails in Central Asia were fundamentally broken—exposed to systemic delays, unpredictable volatility, and unnecessary costs.”

TaqFlow eliminates these systemic bottlenecks by introducing a proprietary, dual-layer architecture built entirely from scratch. The platform is harnessing the innate speed and cryptographic security of the blockchain, layering it beneath a custom-built, dedicated content delivery network (CDN). This physical infrastructure will bypass standard public internet latency, allowing TaqFlow to route, read, and settle B2B transactions in mere seconds at a fraction of standard banking fees.

The rapid velocity of the platform removes the financial limbo that historically stifled trade along the historic Silk Road corridors, which inspired the company’s name. A “Taq” was the historic domed archway where ancient global merchants gathered to exchange currency; TaqFlow has modernized this concept into a digital gateway.

“As a young startup, our greatest asset is that we aren’t saddled by legacy systems or yesterday’s way of thinking,” a co-founder continued. “Traditional institutions are trapped inside layers of obsolete technical debt. This blank slate allows us to build cleaner, operate with zero friction, and pass those massive cost savings directly to our customers. We are already looking at how we can incorporate AI natively into our infrastructure to push processing speeds even higher and completely transform the cross-border customer experience.”

The launch arrives at a pivotal moment. Institutional investors from Europe, the Americas, and the Gulf region are increasingly turning their attention toward Central Asia’s rapidly growing economic landscape. TaqFlow aims to act as the primary financial bedrock that enables this influx of global capital to reach local markets seamlessly.

“The Central Asian economy has been overlooked for far too long,” co-founder Logan Jenkins noted. “When we look back five years from now, our greatest legacy won’t just be the volume of capital we processed; it will be the community of small businesses and startups we lifted up. We want to be the foundation that helps young enterprises get off the ground, seamlessly scale across borders, protect their hard-earned margins, and grow at velocities they never thought possible.”

TaqFlow is now accepting pre-orders from businesses and corporate partners across authorized Central Asian corridors. Enterprises looking to optimize their cross-border liquidity and eliminate transaction delays can learn more or request platform access by visiting TaqFlow’s launch page.

About TaqFlow

TaqFlow is a modern cross-border payment platform dedicated to unlocking the economic potential of Central Asia. Founded by a team of global digital nomads and fintech innovators, TaqFlow bridges ancient regional trading heritage with modern decentralized technology. By fusing blockchain tech with an ultra-low-latency dedicated network, the platform provides businesses with a fast, secure, and highly automated digital gateway to move capital across borders seamlessly, stripping out the delays and predatory fees of legacy banking rails.

Contact

Marketing & Media Relations
Aditi Gupta
TaqFlow
sales@taqflow.io

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