Czech sports Tech Firm FaceUp Technology Leads Regional Growth Ranking
Prague, Czech Republic - faceup technology, a Czech company specializing in online sports solutions, has surged to teh top of Deloitte‘s Technology Fast 50 Central europe ranking, demonstrating the Czech Republic’s growing dominance in the regional tech landscape.The ranking,released today,identifies the fastest-growing technology companies based on revenue growth over the past four years.
Deloitte’s Technology Fast 50 program assesses companies with operating revenues of at least 50,000 euros in 2021, 2022 and 2023, increasing to at least 100,000 euros in 2024. Qualifying companies must also build on their own technologies, develop digital products or services, or derive the majority of their sales from technology-related activities.
This year, the Czech Republic secured an impressive fourteen spots within the top fifty fastest-growing companies in the region, with FaceUp Technology, alongside startups Adam and fintech application Patron GO, and Malcom Finance, all landing within the top ten.
“This year, the Czech Republic reaffirmed its role as a technological powerhouse in the region,” stated Kateřina Novotná, partner at Deloitte and head of the Deloitte Technology Fast 50 program in the Czech Republic. “It is a clear signal that the Czech technology sector is transitioning from the position of a startup ecosystem to the stage of mature, scalable companies that can withstand global competition.”
The success extends beyond the main ranking. Czech companies also excelled in the “Companies to Watch” (highlighting high-growth potential) and “Impact Stars” (recognizing socially beneficial innovation) categories. Flowpay, a Czech firm leveraging generative AI to accelerate operational financing for small and medium-sized enterprises, was awarded the special category “AI Value Driver – CE Rocketship Innovations in GenAI,” showcasing the potential of artificial intelligence in modernizing financial services.
Other notable Czech companies previously recognized by the Deloitte Technology Fast 50 program include DoDo, Kiwi.com, STRV, Driveto, Prusa Research, Livesport and FTMO, with Livesport, FTMO and Prusa Research now ranking among the TOP 100 most valuable Czech companies.
https://www.deloitte.com/cz-sk/cs/services/deloitte-private/about/technology-fast-50.html
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