The awards, now in their nineteenth year, recognise and rank the 50 fastest growing technology companies in the UK, based on the last four years of revenue growth. Supporting the UK’s fastest-growing technology companies are the award sponsors NetSuite, Silicon Valley Bank and Taylor Wessing.
Jodi Birkett, TMT partner at Deloitte in the North West, comments: “Since 1998, the UK Technology Fast 50 awards have celebrated innovation, entrepreneurship and intellectual property in the technology sector. Not only do these awards offer a glimpse into the future of the technology market, but they also provide an excellent opportunity for businesses in the North West to highlight their achievements.
“Hundreds of aspirational companies from across the technology landscape have won the UK Fast 50 award. The class of 2016 will be in good company, with last year’s winners from the region including online car finance brokers Carfinance247 and Zuto, telecoms provider Money Saver Telecom Group and software firm Cake Solutions. This year’s awards will identify the next generation of dynamic UK technology companies and potential unicorns.”
Last year’s UK Fast 50 winners generated a combined total annual revenue of more than £820 million, provided jobs for 7,400 people and recorded an average four-year growth rate of 1,883% in the 201415 financial year.
Last year’s overall winner was money transfer app WorldRemit, having posted a four-year revenue growth rate of 20,385%. Headquartered in London, WorldRemit offers transfers to more than 125 destinations across Europe, Asia, Africa, Australasia and the Americas through a wide network of correspondents, banks and telcos. The platform allows customers to instantly send money abroad to friends and family, using only a smartphone, tablet or computer.
Ismail Ahmed, founder and CEO at WorldRemit, said: “Being recognised as the UK’s fastest-growing technology company is testament to the hard-work and dedication of the team at WorldRemit. The Deloitte Technology Fast 50 awards celebrates the incredible innovation that come out of the UK and recognises that it’s not enough for tech companies to have great products – they need great businesses too.”
For full details and the entry form please visit: www.fast50.co.uk