Paysend Recognised by Deloitte as Third Fastest Growing Technology Company in the UK

- Paysend joins elite list as a winner of Deloitte’s UK Technology Fast 50 
- Paysend also ranks as third fastest growing FinTech in the UK

LONDON – 19 NOVEMBER 2021 – Paysend, the card-to-card pioneer and international payments platform, has been announced a winner of Deloitte’s UK Technology Fast 50, placing third in the ranking thanks to 14,498 per cent growth. Paysend is also the third fastest growing FinTech company in the UK by revenue. 

Now in its twenty-fourth 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.

Ronnie Millar, CEO at Paysend, said: “FinTech companies again dominated Deloitte’s UK Technology Fast 50, highlighting the accelerated rate of digital change that is happening in the payments space. We’re extremely proud to be a significant part of that story as we connect millions of ordinary people and businesses to increase financial inclusion worldwide.

“This is a proud moment for Paysend, coming so soon off the back of reaching the major milestone of five million customers in under five years, making us one of the world’s fastest growing FinTechs by customer base. I’d like to thank Duncan and the team at Deloitte for their recognition of the hard work and determination of the Paysend team, who put customers at the centre of everything they do.” 

Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The extraordinary growth of this year’s Fast 50 represents the remarkable tenacity of the UK’s technology industry. Deloitte’s 2021 Fast 50 awards are a clear demonstration of the wealth of talent, creativity, and entrepreneurship in the UK’s technology industry today.

“The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £2.92bn in total annual revenues in the year 2020/21 and employed more than 19,320 people. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 3,337 per cent.”