Two Delaware County businesses have ranked among the 25 fastest-growing companies in Greater Philadelphia based on their average two-year revenue growth, writes Lisa Dukart for the Philadelphia Business Journal.

To qualify for the list, the companies needed to have a minimum revenue of $750,000 in 2021 – the first year of consideration – and increased revenue each year thereafter.

LoanStar Technologies, based in Swarthmore, ranked the highest in ninth place. The financial services company led by CEO Andrew Turner recorded a two-year growth rate of 71.69 percent. Its revenue increased from $3.33 million in 2021 to $6.44 million in 2022 to $9.67 million in 2023.

LoanStar Technologies was founded nine years ago. It provides smaller banks and credit unions with a way to compete with national lenders using MerchantLinQ. This is its locally branded lending solution and toolkit.

Media’s Evolution Financial Group also made the list at No. 23 with a two-year growth rate of 42.8 percent. The financial planning company led by president David Jacowitz saw its revenue grow from $2.92 million in 2021 to $4.67 million in 2022 to $5.86 million in 2023.

Read more about these two Delaware County and the region’s fastest-growing companies in the Philadelphia Business Journal.

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