PayBright Named a Triangle Business Journal Fast 50 Company, Capping a Year of Growth and Recognition

Leading merchant services provider PayBright shared today that it has been ranked #12 on the list of Triangle Business Journal (TBJ) Fast 50 Companies for 2025, which recognizes the Triangle region’s fastest-growing private companies. This award celebrates PayBright’s sustained growth, innovation and commitment to empowering small businesses and independent agents nationwide.

Over the last 13 years, Raleigh-based PayBright has grown into one of the leading payment processor Independent Sales Organizations (ISOs) in the country, paying out over $100 million in residuals to agents during that time. Today, the company helps more than 15,000 merchants nationwide accept credit and debit payments with better service, local support and a host of advantages designed to simplify transactions and empower small businesses.

“The Triangle is a hotbed for growth and innovation, and this award is proof that our agent-first approach and commitment to customer service are paying off,” said Dustin Magaziner, Founder and CEO of PayBright. “Every day we get more laser-focused on scaling smarter and delivering the best service and innovations to our agents to help small businesses thrive.”

PayBright has been fueled by its 100% independent agent-driven go-to-market strategy, which now supports nearly 1,000 agents across the United States. The company has reached this scale with zero debt and no outside investment, underscoring its disciplined approach to growth and sustainable business model.

A Year of Achievements and Recognition

The TBJ Fast 50 Award award marks another milestone in a year of major achievements for PayBright and its leadership team. In addition, PayBright and Magaziner have been honored with several prominent awards highlighting innovation, growth, and community impact, including:

• TBJ 40 Under 40, recognizing Magaziner alongside other top emerging leaders in the Triangle for their exemplary accomplishments, innovation, and involvement within their industries and communities.
• TBJ Corporate Philanthropy Award, recognizing Magaziner as a Corporate Citizen of the Year, exemplifying outstanding corporate citizenship through philanthropy, volunteer engagement, and meaningful community involvement.
• ETA TRANSACT 40 Under 40, recognizing Magaziner among payments industry professionals for innovation, leadership, and contributions to advancing the field.
• Inc. 5000, spotlighting PayBright among America’s fastest-growing private companies (#1273) and Inc. Regionals 2025: Mid-Atlantic (#26), recognizing PayBright’s exceptional growth and success among the most dynamic businesses in the region.
  

“Awards like these are meaningful because they reflect culture and impact, which is a testament to every agent, team member and merchant who has trusted our vision,” said Magaziner. “Our goal has never been to grow for growth’s sake, but to create value for our customers, partners and communities. We’re proud of what we’ve accomplished together and even more excited about where we’re headed.”

Looking to 2026, PayBright will continue to focus on expanding its national footprint, enhancing its technology infrastructure and strengthening partnerships across industries. The company remains focused on accessibility, transparency and empowering agents and merchants with flexible, innovative payment solutions and exceptional service.