With FinovateEurope 2015 just around in the corner, it was nice to begin the week with news that a quartet of alums have been named to the Deloitte UK Technology Fast 50 for 2014.
The Deloitte UK Technology Fast 50 ranks the 50 fastest growing technology companies over the last five years based on revenue growth. David Halstead, Deloitte partner leading the Tech Fast 50, noted that software companies were “showing particular strength” this year, with the largest number of entries coming from this group.
#11 Monitise – Finovate 2007
Technology and financial services provider enabling mobile banking and payments
HQ: London
Founded: 2003
Growth rate: 2,639%
“With so many fast-growing technology companies emerging over the last few years, to be ranked among the top 15 in the UK for four years running is a tremendous achievement. This can be credited to our fantastic team based in the UK and beyond . . . who are creating, launching, and maintaining market-leading services for our clients around the world every day.”Lee Cameron, Chief Commercial Officer and Deputy CEO
Small business cloud accounting systems provider
HQ: Edinburgh
Founded: 2007
Growth rate: 1,274%
“Being recognized in the Deloitte Fast 50 list is a great accolade in itself, but being listed for two years in a row is a tremendous achievement. It’s a real testament to the hard work of our team, our continued growth as a company and the rising number of passionate and loyal customers who are using FreeAgent to manage their small business finances.”Ed Molyneux, CEO and C0-Founder
Financial services company providing technology and business solutions
HQ: Newcastle upon Tyne
Founded: March 2007
Growth rate: 837%
“The UK is facing a savings crisis where people are not saving the amount they need for a comfortable retirement. At True Potential we believe in making saving and investing simple and more accessible using cutting edge technology, so this recognition is particularly rewarding.”David Harrison, Managing Partner
Developers of automated loan management technology
HQ: Harrogate
Founded: August 2001
Growth rate: 812%
“Making the Technology Fast 50 for the second consecutive year is a significant accomplishment for us and another proud milestone in our journey. This year we were named in the Sunday Times Tech Track 100 for the first time, and we’ve also just heard that, once again, we’ve been accepted for FinovateEurope 2015 which is a premier platform for FinTech businesses like ours.”Richard Carter, Chief Executive
Speaking of FinovateEurope 2015, join Nostrum Group and 70 other fintech innovators for our upcoming conference in London on February 10 and 11. Click here to get your tickets and take advantage of special early bird pricing.
And for more information on the Deloitte UK Technology Fast 50, click here for an extensive info graphic that provides growth comparisons between the 2013 and 2014 winners, sector and regional breakdowns, and more.