XTB, a fintech company providing investors with instant access to financial markets through an online investing platform and mobile app, was recognized by Financial Times as one of Europe’s fastest-growing companies.
Debuting on the list, XTB secured the 28th spot among European growth champions in the fintech category.
The Financial Times’ annual FT1000 list acknowledges top enterprises based on their financial performance and organic revenue growth.
The latest edition of the ranking, curated by Statista, showcases businesses with the highest compound annual revenue growth (CAGR) from 2019 to 2022. The minimum CAGR needed for listing was 36.3%, with XTB boasting an impressive 82% CAGR.
Omar Arnaout, CEO of XTB, remarked, “The pandemic not only caused unprecedented volatility in global markets but also shifted our clients’ investment approach worldwide.
“Rising inflation and geopolitical tensions drove new client demographics towards financial markets, seeking opportunities for financial security and capital growth.
“Through substantial investments in product and technology enhancements, we have provided our clients with an accessible avenue to financial markets, facilitating their savings investment via the XTB app.”
“Our inclusion in this ranking underlines our progress in recent years. More significantly, we not only achieved remarkable growth but also converted these outcomes into sustainable profitability,” Arnaout added.
XTB, a newcomer on the list, secured the 28th spot among the fastest-growing companies in the Fintech, Financial Services & Insurance sector. In the overall ranking, XTB landed at the 335th position. Among Polish companies listed, XTB was ranked as the second in the fintech category and 20th across all sectors.
