Hot Off The Press

Honk Places in the Top 25% on The Globe and Mail’s Ranking of Canada’s Top Growing Companies

With 3-year revenue growth of 646%, Honk ranks No. 83 on the 2020 Report on Business Ranking


TORONTO, ON, September 25, 2020 – Honk, North America’s leading provider of contactless payments for the parking industry, is pleased to announce that it ranked No. 83 on the Globe and Mail’s 2020 Report on Business Ranking of Canada’s Top Growing Companies. Honk earned its spot with a three-year revenue growth rate of 646%.

Founded in 2013, Honk provides contactless payment technology to municipalities, colleges & universities, real estate owners, airports and private parking operators. Trusted by millions of drivers, Honk is now available at over 3,000 locations across North America.

“Honk is honoured to be ranked so highly amongst Canada’s top growing companies,” says Michael Back, Honk’s Founder and CEO. “Our contactless payment solutions were in high demand prior to the coronavirus pandemic. COVID has only served to accelerate this trend as consumers no longer feel comfortable touching buttons or handling cash. We’ve launched more locations, at a greater speed, in these past six months than ever before in the company’s history.”

“The stories of Canada’s Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic,” says James Cowan, Editor of Report on Business magazine. “As businesses work to rebuild the economy, their resilience and innovation make for essential reading.”

“Any business leader seeking inspiration should look no further than the 400 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.1 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About Honk

Honk is North America’s leading provider of safe, contactless payments for the parking industry. Since 2013, Honk has been creating touchless solutions to make paying for parking easier, faster and safer for drivers. Motorists use the company’s patent-pending HonkTAP contactless smart stations to safely pay for parking with a simple tap or scan of a mobile phone - no app download or pay station required or download the HonkAPP to search, find, pay for, and extend parking right from their phone.

For information, interview and images, please contact:


Rachel Lemkow
Director, Marketing
rachel@honkmobile.com
416.574.5832
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