LONDON, September 16, 2013 /PRNewswire/ --
Financial Technology firm, Active Securities, has been recognised as Britain's 9th fastest growing privately owned technology firm in the 13th annual Sunday Times Tech Track 100. Set up by Nick Mordin and Mark Hannay, Active Securities provides online consumer and commercial finance through its brands 247Moneybox.com and capexpand.com respectively.
The prestigious and highly influential league table ranks Britain's privately owned technology, media, and telecoms (TMT) companies with the fastest growing annual sales over the last three years.
Nick Mordin, CEO, said "We are delighted to have made it to ninth place this year. Our position has undoubtedly been driven through the ongoing development of our in-house technology platform and as we continue to launch into overseas markets this supports our ambition of becoming a truly global fintech business."
According to Mark Hannay, COO "Building the right risk engine and operating platform that could scale rapidly across any credit product both commercial and consumer in any geographic territory has always been our plan. It has been an incredible few years and the future looks set to be even more exciting as we explore new markets and new products to plug into our operation."
Based in central London, Active Securities sees itself as a technology firm first and finance operation second and this approach has led to the company experiencing growth in sales of 195% annually over the last 3 years to March 2013. The firm is also expanding into new markets across the globe having already commenced lending in New Zealand and will open its virtual doors in Canada, Poland, and Spain in the coming months.
About: Active Securities (http://www.activesecurities.com)
Active Securities is an innovative alternative finance business, providing commercial and consumer credit. Established in London in 2009, Active has since extended its reach to North America and to the Pacific Rim, bringing class leading analytics and cutting edge technology to disrupt traditional credit markets.
The management team has considerable experience of launching and operating both consumer and commercial finance businesses across Europe and the Asia Pac region, including small ticket leasing, auto finance, salary secured lending and residential mortgage operations.
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SOURCE Active Securities