1,100+% growth makes Paysend one of the UK’s fastest growing tech companies
Paysend, the UK-based fintech with 6 million customers, has been announced a winner of Deloitte’s UK Technology Fast 50, ranking as the 8th fastest growing FinTech company in the UK by revenue growth. Paysend achieved this thanks to 1,184% growth in revenues.
Now in its twenty-fifth year, Deloitte’s UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Celebrating innovation and entrepreneurship, the ranking recognises the country’s fastest growing companies based on revenue growth over the past four years. Previous winners include Revolut, Transferwise and GoCardless.
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Ronnie Millar, CEO at Paysend, said: “Over the past 12 months Paysend’s people have worked tirelessly, delivering growth through what has been a challenging year for global markets and companies all around the world. Paysend has weathered the storm well and we’ve seen the business evolve in many exciting ways, including the launch of new B2B and Enterprise solutions, partnerships with Deel and Currencycloud, continued growth in our core card-to-card payments business, and the opening of a new technology hub in Belgrade, Serbia.”
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Alex Nicolaus, Chief People Officer at Paysend, said: “We’re extremely proud to be a significant part of the UK fintech story for the role we play in connecting millions of ordinary people and businesses to increase financial inclusion worldwide. It’s an honor for Paysend to be recognised by Deloitte for a second year as one of the UK’s fastest growing fintechs and I’d like to thank Duncan and the team at Deloitte for their continued support of the fintech sector in the UK.”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The exceptional growth of this year’s Fast 50 is a marker of the ongoing strength and resilience of the UK’s technology industry, which continues to thrive despite considerable headwinds. Deloitte’s 2022 Fast 50 awards showcase the talent and innovation in the UK’s technology industry today.”
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