Smart money app Plum today announces that it ranked no.1 among fintechs and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.

Rankings are based on percentage revenue growth over the last four years. Plum grew 7,735 per cent during this period.

Plum’s CEO and co-founder, Victor Trokoudes, credits the company’s excellent record of delivery for its exponential revenue growth over the past four years. He said:

"We’re delighted to be ranked as the no.1 fintech and no.5 overall in Deloitte’s Fast 50. This prestigious recognition is a testament to all the hard work of our employees.

“In the past four years, Plum has transformed from a chatbot to a comprehensive, smart money app, helping over 1.4 million people invest, save and manage their spending with automation.

“Central to our success has been our record of delivery. We’ve regularly introduced new, engaging features and services that have been well received, from introducing commission-free investing and a debit card, to expanding into new European markets.

“As we look towards the future, we’re fully focused on delivering even more compelling features and succeeding across Europe with our standout proposition.”

Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said:

“Deloitte’s 2022 Fast 50 awards showcase the talent and innovation in the UK’s technology industry today.

“Being one of the fastest-growing technology companies in the UK is an impressive accomplishment. We commend Plum for making the Deloitte UK Technology Fast 50 with a phenomenal 7,735% growth rate over four years”

“The exceptional growth of Plum puts it in a select company. It has proven that its leadership has the vision and determination to grow in and navigate competitive conditions.

“This year’s Fast 50 is a marker of the ongoing strength and resilience of the UK’s technology industry, which continues to thrive despite considerable headwinds.”