Tech Track 100 fastest-growing company award 2011
The Tech Track 100 fastest-growing company award, also sponsored by Microsoft, was presented by Scott Dodds to Wonga.com chairman Robin Klein, of Index Ventures, and head of technology Panni Morshedi. The online money lender was set up in 2006 to let customers borrow up to £400 for a maximum period of 30 days, and says it can put the money into a customer's account within 15 minutes. Sales consist of interest and fees, and soared 361% a year from an annualized £752,000 in 2007 to £73.8m in 2010.
To view Wonga.com's company profile click here.