The Financial Times has released its FT1000: Europe’s Fastest Growing Companies 2025 ranking.

The list ranks companies by compound annual growth rate from 2020-2023, highlighting business growth stories across Europe during a challenging economic period.

There are many UK tech firms on the list, including Allica, which ranks in 2nd place. 

The FinTech has a presence in London and Milton Keynes and recently passed milestones of £3bn in lending and £4bn in deposits for UK SMEs.

Allica, which was founded in 2019 and posted its full year of profitability in 2023, is a bank built especially for established businesses with 5-250 employees.

Its 2023 revenue topped €100m, compared with €228,000 in 2020.

Another London-based FinTech to rank in the top 10 is 10th-placed Zilch. The company recorded its first month of operating profit in July 2024 while surpassing a revenue run rate of more than £100m. 

Zilch was founded in 2018 and, from 2020-2023, grew its workforce from 34 to 239. 

Hot on the heels of Zilch, and completing a London-based FinTech treble, is 11th-placed Chip.

The firm aims to help customers build, manage and grow their long-term wealth by giving them one easy place for savings and investments.

Its rapid growth between 2020 and 2023 saw the company go from a revenue of €220,000 to €17.4m. 

IT and software firm SourceWhale ensured that there were four London tech firms to make the top 20 – it ranked at 17th. 

The growing business helps recruiters source, engage and keep track of candidates via integration with social media sites, email providers, CRM and tracking platforms and was recently ranked as the fourth-fastest growing UK tech company in the 2024 Deloitte Technology Fast 50.

The 2019-founded firm had just four employees in 2020 – this number had risen to 70 by 2023, with revenue also increasing to around €7.8m.

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Pace, a firm with a name befitting its rapid growth rate, ranked in 24th. 

The London-based company was only founded in 2020 and grew from a revenue of €211,000 to €10m.

Kid-A is the highest ranked UK MediaTech on the list after coming in at 31st place. 

The company is also the highest-ranked UK tech firm based outside of London – being headquartered in Winchester. 

Despite only adding 11 members of staff to its team from 2020-2023, the firm grew from a revenue of €149,000 to €5.4m.

The MediaTech ranked one place higher than Middlesex-based Pathos Communications. 

The firm ranked at 32 flew through the gears, in the three-year-period, growing staff members from 1 to 50.

Data intelligence firm Daintta is the highest-ranked UK CyberTech on the FT1000, with a ranking of 44.

The London-based firm was turning over €6.9m in 2023, compared to its 2020 figure of €231,000. 

MarTech Creation placed 62nd on the list. 

The London company is looking to bridge the gap between a creative agency and a multifaceted technical production supplier and grew from 2 members of staff to 49 in the time period.

It ranked 20 places higher than fellow MarTech WeDiscover, which went from a revenue of €117,000 in 2020 to €2.6m in 2023.

Professional services firm Veremark also made the top 100 after being ranked at 88th. 

The London-based B2B background screening and reference checking platform was a 122-strong team in 2023, a huge increase on 2020, when it had 13 members of staff.

The final UK tech company in the top 100 is Yoto, who ranked at 94th. 

The award-winning children’s audio platform experienced significant growth, growing from a revenue of €3.3m in 2020 to €58.8m in 2023. 

You can view the full list here.

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