Swipely on Forbes "Most Promising Companies" list

Angus Davis, who runs Swipely - the Providence firm that helps small companies accept payments and crunch sales data to better understand customers - has landed on Forbes "Most Promising CEOs Under 35" list.

"Today's recognition by Forbes validates both our huge opportunity, and our traction with customers," said Davis, in a statement. "As the first Rhode Island company ever named to the Forbes list, I am especially proud of our winning team."

The recognition comes less than a year after Swipely, which has tried a few different business models, launched its latest product. The firm is small. It has just a few hundred customers, with some $400 million in sales under management. But growth has been strong. And Silicon Valley investors including Index Ventures, Greylock Partners, and First Round Capital have backed the company.

Providence has had big tech ambitions for some time, but hasn't developed much in the way of national buzz. Swipely's growing profile could change that.