Media release: Paytrail awarded 9th place on the Deloitte Technology Fast50™ list

The Paytrail team Written by The Paytrail team - Nov 22, 2013

Paytrail Plc ranks 9th on Deloitte Technology Fast50™ list. Deloitte Technology Fast 50 is one of Finland’s leading technology award programs. The awards, now in their 9th year, recognize and rank Finnish technology companies with an exceptional growth in turnover over the last five years.

Lennu Keinänen, Paytrail founder, expressed, “We are delighted to be recognized by Deloitte for our hard work and our ability to meet and exceed the expectations of our customers and our partners over the years.” He continued, “We’ve had a good start in Finland and are aiming for an even faster growth rate through internationalization. We are ready to challenge big players such as PayPal Europe.”

Paytrail has approximately 4,000 companies and processes transactions worth tens of millions of euros every month. Paytrail Account provides online shoppers an easy and convenient shopping experience. Paytrail has also been included in several major Finnish and international lists of high-growth companies such as the Red Herring Europe Top 100 award for its innovation and growth potential.

About Paytrail

  • Established in June 2007 as ‘Suomen Verkkomaksut’ (‘Finnish Web Payments’).
  • June 2013 the company changed its name to Paytrail and launched its new service Paytrail Account.
  • In 2012, turnover grew by 55% to €3.4 million.
  • Enables transactions worth tens of millions of euros every month. The estimated payment volume for 2013 is 400 million euros.
  • Employs 38 people, double the number of employees in 2012.
  • Headquarters in Jyväskylä, Finland.
  • Licensed payment institution.
  • Helps thousands of companies in several countries to provide a pleasant shopping experience for their customers.

For more information, follow our blog or visit our website. To see the complete list of award winners visit Deloitte's website.

For more Information

Lennu Keinänen, Founder, Evangelist
+358 44 776 7827,

Markus Laurio, CEO
+358 40 840 3754,

Suvi Tikkanen, Marketing Director
+358 40 562 8283,

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