Skip to main content

Deloitte announces 2019 Technology Fast 500 EMEA rankings

Average growth rate of the EMEA Fast 500 programme is 1,258 per cent from 2015–2018. UK’s Revolut leads the charge with 39,754 per cent growth from 2015–2018.

London, United Kingdom, 30 July—A company from the UK tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East and Africa (EMEA), which was released today. The list is compiled by Deloitte’s regional Technology, Media & Telecommunications (TMT) industry group.

Overall, this year’s Technology Fast 500 list for the region features winners from 22 countries, with an average growth rate of 1,258 per cent in 2019, compared to 969 per cent in 2018.

Revolut is the number-one ranked company on the 2019 EMEA Technology Fast 500 list.

When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate.

says Nik Storonsky, Founder & CEO of Revolut.

"We're delighted to top the ranking. 12 million people now use Revolut to manage and improve their finances, and our growth reinforces the point that people are looking for alternative ways to manage their money."

Nikolaas Tahon, EMEA Fast 500 Lead Partner commented "This year’s Fast 500 list is led by organisations demonstrating unprecedented growth, reflecting the continuing evolution in technology. We are aware that the current environment is a complex one for many organisations, particularly as leaders work out their future strategy. Deloitte congratulates Revolut as well as all other winners and we’re excited to see their continued achievements in the next year."

The 2019 Deloitte Global Technology Fast 500 EMEA top 10

1. Company Name - Revolut
    Country - UK
    Median revenue growth (2015–2018) - 39,754%
    Primary Industry - Fintech

2. Company Name - OakNorth 
    Country - UK 
    Median revenue growth (2015–2018) - 30,706%
    Primary Industry -  Fintech

3. Company Name - Cloud&Heat Technologies GmbH 
     Country - Germany 
     Median revenue growth (2015–2018) - 21,474% 
     Primary Industry -  Environmental Technology

4. Company Name - DivideBuy 
     Country - UK
     Median revenue growth (2015–2018) - 19,572% 
     Primary Industry -  Fintech

5. Company Name - FINEWAY 
     Country - Germany 
     Median revenue growth (2015–2018) - 16,594% 
     Primary Industry -  Software

6. Company Name - Hazelight Studios AB 
     Country - Sweden 
     Median revenue growth (2015–2018) - 14,144% 
     Primary Industry -  Media and Entertainment

7. Company Name - WOLT ENTERPRISES OY 
     Country - Finland 
     Median revenue growth (2015–2018) - 10,381%
     Primary Industry - Software

     Country - ITALY 
     Median revenue growth (2015–2018) - 9,392% 
     Primary Industry - Fintech

9. Company Name - Electric Mobility Concepts GmbH (emmy-sharing)
     Country - Germany 
     Median revenue growth (2015–2018) - 9,303% 
     Primary Industry - Environmental Technology

10. Company Name - Flightgift / Hotelgift 
      Country - The Netherlands 
      Median revenue growth (2015–2018) - 7,628% 
      Primary Industry - Software

Geographic overview

The UK had the most winners in the Technology Fast 500 for EMEA, with The Netherlands having the second highest number of winners. The other top represented countries included Germany, Sweden and Belgium.

Country  - Number of ranked companies

  • UK  - 98
  • The Netherlands  - 70
  • Germany  - 47
  • Sweden -  46
  • Belgium  - 35
  • Finland  - 34
  • Portugal  - 31
  • Czech Republic  - 24
  • ROI  - 23
  • Türkiye - 21
  • Poland - 21

The ranking was closed on April 30, 2020 and is based upon available financial information over the years 2015 through 2018.Numbers have not been adjusted based on the impact of COVID-19 and the status of the companies listed may have changed since that time.

About Deloitte’s 2019 Technology Fast 500 EMEA programme

Deloitte’s Technology Fast 500™ EMEA programme is an objective industry ranking focussed on the technology ecosystem. It recognises technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa (EMEA) during the past four years. The programme is supported by Deloitte’s regional Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area and are run by Deloitte Technology, Media & Telecommunications (TMT) industry groups around the world. More information on the programme is available at

The EMEA Technology Fast 500 programme includes more than 20 countries. This year’s winners were selected based on percentage fiscal-year revenue growth from 2015–2018

Press contact

Laoise Flanagan
Director - Deloitte Private
Tel:  +44 161 455 8235