Recognition like this reflects more than a single moment.
PowerPay CEO Mike Petrakis was recently named a finalist for the EY Entrepreneur Of The Year® 2026 Greater Philadelphia Award. It is one of the most established programs recognizing business leadership across industries.
Now in its 41st year, the Entrepreneur Of The Year® program honors leaders who build and scale companies that drive economic growth, create jobs, and shape the future of business. An independent panel selects finalists based on entrepreneurial spirit, purpose, company growth, and long-term value creation.
This recognition reflects the trajectory PowerPay has been on since its founding.
PowerPay launched during a constrained credit market. Since then, it has grown into a digital-first lending platform that simplifies access to financing across home improvement and healthcare. The platform combines real-time decisioning, a flexible capital model, and human support. Together, these elements create fast and transparent financing experiences for consumers and partners.
Under Mike’s leadership, the company has scaled with a focus on long-term value. The team has built infrastructure that supports consistent outcomes. It has also strengthened partner relationships and expanded access to financing in responsible ways.
Entrepreneur Of The Year® finalists represent a wide range of leaders. Some built companies from the ground up. Others transformed existing organizations. What connects them is the ability to create meaningful impact over time.
Regional award winners will be announced on June 11. Finalists will then advance to national consideration later this year. View the full list of finalists announced by EY.
For PowerPay, recognition like this reflects the work happening behind the scenes. The team continues to build a platform that performs consistently and scales responsibly. It also supports the people who rely on it every day. As the company grows, PowerPay is actively building the team behind that progress.