Julian Rae, TMT Partner at Deloitte in Cambridge, 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 to highlight their achievements.
“Hundreds of aspirational companies from across the technology landscape have won the UK Fast 50 award and we would encourage companies in Cambridge and East Anglia to enter. The class of 2016 will be in good company, with past winners including the likes of WorldRemit, notonthehighstreet.com, Skyscanner and Just Eat. 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 2014/15 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.