FT1000: Nethone joins the ranks of Europe’s fastest-growing companies

Nethone, a global machine learning-powered fraud prevention SaaS company has come out top of Polish fintech category companies in The Financial Times newspaper and data provider Statista’s seventh annual list of Europe’s fastest-growing companies.

The FT1000 ranking is based on revenue growth of European companies in the three years leading up to 2021 and shows that despite the challenges associated with COVID-19 pandemic restrictions, many businesses thrived. Nethone ranked as the top Fintech, Financial Services & Insurance company in Poland by compound annual growth rate (CAGR) while coming in 483rd position overall in the list of 1000 companies.

“Nethone’s inclusion in 2023’s FT1000 is a great achievement, marking the first appearance on the list since our company’s creation in 2016. We have continued to grow despite the many challenges associated with COVID-19 restrictions. Innovation has been at the core of our success and is continuing to help us grow well into the future” said Hubert Rachwalski, CEO of Nethone.

This recent success follows Nethone joining Mangopay Group in 2022, resulting in the fraud fighters now having access to EUR 75 million in capital investment. In addition, Nethone has been successfully cooperating with over 100 global eCommerce, digital goods, and financial services organizations since its foundation.

Nethone’s innovation comes from its unique user profiling solution that analyses data points for both web and native mobile app channels using advanced machine learning technologies. It offers the payments industry a modularized Know Your User™ solution, enabling all online businesses to thrive without risk-related friction across channels.