LONDON, November 21, 2014 /PRNewswire/ --
Financial technology firm Active Securities, with five-year revenue growth of 2613%, has been named as one of the UK's fastest growing technology companies in the Deloitte Technology Fast 50 awards. The ranking identifies the 50 fastest growing UK technology companies with the highest percentage revenue growth over the past five years.
The Deloitte Technology Fast 50 is one of the UK's foremost technology award programmes. Now in its 17th successful year, it is a ranking of the country's 50 fastest growing technology companies, based on revenue growth over the last five years.
Nick Mordin, CEO, said: "We are delighted to have been ranked 12th this year. Our position has undoubtedly been driven through the ongoing development of our in-house technology platform, expansion into new markets and ability to scale efficiently."
According to Mark Hannay, COO, "Building the right risk engine and end to end operating platform that can scale rapidly across any credit product both commercial and consumer in any geographic territory has always been our plan. It has been an incredible few years and the future looks set to be even more exciting as we explore new credit products to plug into our operation."
Currently the firm is exploring how to scale the credit union sector and is in dialogue with both banks and credit unions.
About Active Securities (http://www.activesecurities.com)
Active Securities is an innovative financial technology business, providing commercial and consumer credit.
The management team has considerable experience of launching and operating both consumer and commercial finance businesses across Europe and the Asia Pac region, including small ticket leasing, auto finance, salary secured lending and residential mortgage operations.
For more information email [email protected] or call +44(0)20-7183-9201.
In this press release, references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited ("DTTL"), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see http://www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.
The information contained in this press release is correct at the time of going to press. For more information, please visit http://www.deloitte.co.uk.
Member of Deloitte Touche Tohmatsu Limited
SOURCE Active Securities