The digital payments provider scored its first-ever spot on the 2025 Deloitte Technology Fast 500, landing at No. 311 thanks to a hefty 244% revenue growth from 2021 to 2024. Not bad for a company navigating one of the slowest-to-modernize corners of financial services.

The Deloitte Fast 500 isn’t a participation trophy; it’s a data-driven ranking of the fastest-growing tech, media, telecom, life sciences, fintech, and energy tech companies in North America. For One Inc, joining the list is both a milestone and a signal that the digital transformation of insurance payments—long overdue—is finally hitting mainstream adoption.

And in One Inc’s case, growth isn’t slowing. The company reports 54% revenue growth in 2024, its customer base has climbed past 290 insurers, and its payments network continues to scale at a pace that would make legacy claims systems sweat.

CEO Ian Drysdale frames it as validation of the company’s mission:

“Our inclusion as one of the prestigious Deloitte Technology Fast 500 is a testament to the company’s steadfast commitment to help carriers deliver on the promise of insurance.”

If “the promise of insurance” sounds lofty, consider that insurance payments—premium billing and claims payouts—remain one of the industry’s biggest friction points. Slow payments, paper checks, and outdated workflows keep loss ratios high and customer satisfaction low. Modernizing that stack has become a strategic imperative for carriers. One Inc is riding the wave.

Why This Recognition Matters—and Why Now

The insurance industry’s digital ambitions have grown more urgent in recent years. Customer expectations are shaped by the real-time payment experiences they get everywhere else—Amazon, Uber, Apple Pay—not snail-mailed checks that arrive days (or weeks) after a claim is approved.

But insurance is complicated. Payments are regulated, multi-party, high-volume, and often tied to decades-old back-office systems. That creates a perfect storm of inefficiency—one that One Inc has been aggressively addressing.

Landing on the Deloitte Fast 500 highlights two realities:

1. Digital payments are finally becoming a competitive differentiator for insurers, not an administrative afterthought.
2. Vertical fintech players—those built for a specific industry—are outperforming generic payment providers in specialized markets like insurance.

One Inc’s growth trajectory suggests that carriers want more than just a payment API. They want:

• Integrated premium and claims payments
• Vendor disbursement networks
• Compliance and reporting tools
• Real-time digital wallet support
• Embedded payments inside policy administration and claims systems

That’s exactly the space One Inc has carved out.

A Year of Momentum: Awards, Expansion, and Big-Name Partnerships

The Deloitte Fast 500 ranking is just the latest in a string of wins for One Inc:

• 4th consecutive year on the Inc. 5000 list

Not many private fintechs can claim sustained multi-year hypergrowth—especially in a highly regulated vertical.

• Named to CNBC’s Top 300 Global Fintech Companies (for the second year)

Recognition among global fintech players underscores the company’s rising market visibility.

• A vendor-provider network surpassing 1.1 million vendors

This is one of One Inc’s most under-appreciated assets. The insurance ecosystem involves enormous vendor networks—repair shops, contractors, medical providers, appraisers, restoration firms, and more.
Connecting these participants through a unified digital payment network is a significant operational lift, and One Inc is handling more than $320 million in transactions every day.

• Expansion of ClaimsPay® into the Canadian P&C market (Fall 2026)

The move, delivered via the Guidewire Marketplace, signals One Inc’s ambitions beyond the US and aligns with a broader trend of Canadian carriers accelerating digital claims modernization.

• Strategic partnerships with Copart, LIDP, Equisoft, and Verisk

These integrations embed One Inc more deeply into the insurance technology supply chain—from policy administration systems to claims management and vehicle salvage workflows.

Taken together, these accomplishments reinforce a larger narrative: One Inc is becoming the default digital payments backbone for the insurance ecosystem.

The Insurance Payments Problem: Why Carriers Are Flocking to Digital

Insurance has historically been an industry of paper and process. Payments are no exception. Carriers have long relied on:

• Physical checks
• Bank wires
• Manual claims disbursements
• Vendor payment backlogs
• Reconciliation spreadsheets
• Legacy billing systems

These workflows are time-consuming, expensive, and prone to error.

Customers—and regulators—have run out of patience. Digital expectations have shifted so dramatically that carriers who still send checks risk losing customers outright, especially in auto and P&C lines where speed matters most.

Digital payments solve several pain points:

1. Speed

Digital payouts can be delivered instantly to digital wallets customers already use: Apple Pay, Google Pay, PayPal, Venmo, Zelle, etc.

2. Cost efficiency

Replacing paper checks reduces administrative spend, postage, labor, and error rates.

3. Compliance

Digital systems create audit trails aligned with regulatory reporting requirements.

4. Customer experience

Fast payments are one of the highest-impact levers for improving Net Promoter Scores in insurance.

5. Vendor management

Payments to contractors and service providers can be automated, tracked, and reconciled through centralized networks.

In the insurance industry, claims payments account for the majority of outbound cash flow. Modernizing this piece of the value chain has become a strategic priority.

One Inc’s Technology: PremiumPay®, ClaimsPay®, and the Vendor-Provider Network

One Inc’s product suite is designed to meet the specific needs of insurance carriers—not generic enterprise billing systems.

PremiumPay®

Handles inbound customer premium payments, enabling digital payments across channels and reducing reliance on legacy billing systems.

ClaimsPay®

Supports digital claims disbursement to policyholders and vendors through preferred methods, including digital wallets and instant push-to-card payments.

Unified Vendor-Provider Network

Now connecting 1.1 million vendors, this network is one of the key differentiators for One Inc. Insurance carriers often work with thousands of vendors; a unified digital payout framework eliminates the fragmentation and manual work that typically plagues claims operations.

Together, these tools create an end-to-end digital payments ecosystem specifically optimized for insurance’s unique workflows.

Why One Inc Is Growing Faster Than the Market

Several competitive forces are driving One Inc’s momentum:

1. Vertical specialization wins

Horizontal payment platforms struggle to handle the nuances of policy billing, claims disbursement, regulatory compliance, insurance data integrations, and multi-party payment logic.

2. Guidewire integration is strategic

Guidewire is the dominant core system for P&C insurers. Deep integration with Guidewire’s ecosystem gives One Inc a massive distribution advantage.

3. Digital wallets and instant payment demand is exploding

Customers expect the same speed from insurers that they get from consumer apps.

4. Carriers are desperate to cut operational costs

Modernizing payments reduces overhead and shortens claims cycle time—a win for both margins and customer experience.

5. VC funding is tighter; carriers want stable partners

In an environment where many fintechs have struggled, One Inc’s multi-year growth streak gives carriers confidence it’s here for the long haul.

6. Insurance is undergoing a broader technology reset

Cloud migration, core system modernization, and AI-driven claims automation all point toward integrated digital payments being the final required puzzle piece.

Revenue, Growth, and the Path Ahead

One Inc’s trajectory tells a clear story:
This is a company transitioning from fast-growing fintech to foundational infrastructure for insurance payments.

Some key numbers underscore the point:

• 244% growth (2021–2024)
• 54% growth in 2024 alone
• 290+ carrier customers
• 1.1M+ vendors connected
• $320M+ in daily payments volume
• 4 years on the Inc. 5000 list
• 2 consecutive years on CNBC’s Top 300 Global Fintechs

These aren’t vanity metrics—they reflect scale, stickiness, and market dominance.

As the P&C, life, and health insurance sectors continue migrating toward digital-first customer experiences, One Inc is positioned to remain a central payments infrastructure provider for years ahead.

Market Context: The Insurtech Landscape in 2025

The broader insurtech market has undergone a dramatic realignment:

• Early insurtech darlings focused on distribution (e.g., digital carriers) struggled with unit economics.
• The second wave—core modernization, automation, cloud migration—has exploded.
• The third wave is about infrastructure, not disruption.

One Inc fits cleanly into this third wave, where insurers don’t want to replace themselves—they want to modernize from the inside out:

• Faster billing
• Faster claims processing
• More automation
• Lower friction
• Better customer retention

Payments sit at the center of all of it.

Strategic Impact: What This Means for Carriers

Insurers partnering with One Inc can expect:

1. Reduced claims cycle time

One of the insurance industry’s most persistent performance metrics.

2. Higher customer satisfaction

Fast payments = fewer complaints.

3. Lower administrative costs

Processing a digital payment is dramatically cheaper than issuing a check.

4. New digital wallet capabilities

A major value-add for younger demographics and digital-first policyholders.

5. Modernized vendor relationships

The Vendor-Provider network reduces onboarding friction and improves vendor cash flow.

6. Improved fraud detection and auditability

Digital payments mean better traceability.

In short: carriers that modernize payments move faster, spend less, and retain more customers.

What to Watch Next

1. International expansion

Canada is on the roadmap for 2026. Other markets could follow.

2. ClaimsPay® adoption

As claims automation matures, digital disbursement will be a key differentiator.

3. Deeper partnerships with core system providers

Guidewire is only the beginning.

4. AI-driven payments workflows

Expect AI to play a bigger role in fraud detection, routing, reconciliation, and customer service.

5. Potential acquisitions

Given the consolidation trend in fintech infrastructure, One Inc could become either an acquirer—or an acquisition target.

The Bottom Line

One Inc’s debut appearance on Deloitte’s 2025 Technology Fast 500 signals something bigger than just strong revenue growth. It confirms that digital payments are becoming foundational infrastructure for the insurance industry, not a side project.

With over a decade of insurance-only focus, a rapidly expanding payments network, and major partnerships across the industry, One Inc is well-positioned to remain the dominant player in a market that’s finally embracing modernization at scale.

The era of slow, paper-driven insurance payments is coming to a close.
One Inc appears ready to finish the job.