TORONTO, ON, November 13, 2026 — HONK, North America’s leading provider of contactless payments for parking and mobility, today announced it has ranked No. 71 on The Globe and Mail’s inaugural Report on Business ranking of Ontario’s Top Growing Companies. Qualifying in the Technology and Telecom category, HONK earned its place with 215% three-year revenue growth between 2022 and 2025 — a milestone fueled by surging demand for frictionless, app-free payment infrastructure across North America.
This provincial honor follows HONK’s placement on The Globe and Mail’s national Top Growing Companies list in September, marking the company’s seventh consecutive year of sustained, verified expansion.
“There’s something special about being recognized in the province where HONK got its start,” said Michael Back, Founder and CEO of HONK. “We launched in Toronto with a mission to modernize how people pay for parking, and our trajectory over the past several years is a direct reflection of the partners who have grown alongside us. We’re deeply grateful to the municipalities, universities, commercial real estate leaders, and parking operators who rely on our platform every day — and to our team, whose focus and execution continue to drive us into our next chapter.”
The full 2026 ranking, along with editorial coverage, is published in the Report on Business magazine section of The Globe and Mail website.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and driving policy change through independent journalism since 1844. With award-winning coverage of business, politics, and national affairs, The Globe and Mail reaches 6.1 million readers every week across print and digital platforms, and Report on Business magazine reaches 2.7 million readers each issue.
About HONK
Founded in 2013, HONK is North America’s leading provider of mobile-first, unattended payments for parking and mobility. HONK provides a complete, asset-light parking management system that is trusted by millions of drivers and accepted at thousands of locations across the United States and Canada. The platform delivers seamless transaction and management solutions for operators across higher education, commercial real estate, and municipalities.
