These two FinTech companies were recognised for achieving significant growth without equity investment

Two FinTech companies have been recognised on the Buzzacott Organic Growth 25 of UK companies achieving major growth without significant equity investment.

Essex-based FinTech Affiliate Squared achieved a revenue growth of 541%, demonstrating how in demand the sector is and credit reference agency LendingMetrics achieved a rapid revenue rise of 462%, supported with the introduction of products that take advantage of open banking.

“We’re really proud to launch our Organic Growth 25 to celebrate those businesses that have demonstrated tenacity, hard work and vision, going from strength-to-strength,” said Matthew Katz, partner and head of corporate finance at Buzzacott.

“Our OG25 businesses have thrived from adopting a method of growth that is usually under-recognised and striving to achieve high growth in recent years. With this year posing many challenges for us all, it’s been particularly important to showcase this unheralded route to growth and the achievements it can lead to.”

Copyright 2020 FinTech Global

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