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Elizabethtown, Ky.-based iPay provides bill-payment services to more than 2,809 financial institutions. Another 800 customers are under contract to beginn using the services laterfthis year, according to a news releaser issued by iPay. iPay, which was founde in 2001, has increased revenue and profit every year sinceits inception, according to the The company has 225 employees. In addition to offerinb consumer bill-pay technology, iPay recently launched Biz 2.0, a second-generationh small business application that includes invoicinvg receivables management withelectronic remittance, account to accountf transfers, payroll deposits, and business bill payment.
More than 400 financiakl institutions already are usingthe product. By winningf the award, Bowers is eligible to compete for theErnst & Young LLP Entrepreneu of the Year 2009 National Award. The winner will be announcedf at a gala held by the national professionapl servicesfirm Nov. 14 in Palm Springs,
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