PAIR Finance secured 29th place in the Deloitte Technology Fast 50 rankings for 2023, earning its spot as one of the fastest-growing companies in Germany – with a growth rate of 403.96 per cent.
The winners of the Deloitte Fast 50 Award were announced and honoured on 14 March 2024 during a festive ceremony at the DEEP Berlin event location.
Who Receives Deloitte’s Tech Award?
The Technology Fast 50 Award is Deloitte’s annual recognition of Germany’s fastest-growing technology companies. The award evaluates firms based on their average percentage revenue growth over the past four financial years. PAIR Finance, which ranks 29th, achieved this success thanks to its proprietary AI technology. By combining behavioural psychology with data science, the company delivers a consumer-focused debt collection experience with higher recovery rates.
Stephan Stricker, Founder and CEO of PAIR Finance, expressed his pride in the achievement:
“We are proud to be among Germany’s 50 fastest-growing companies for the second year in a row. As a pioneer in applying artificial intelligence within the debt collection industry, PAIR Finance increases value creation by personalising services and focusing on consumers. This award shows that we are already achieving strong growth rates through AI.”
Andreas Reuß, Partner at Deloitte, added:
“The Fast 50 Award is not just a prize – it represents our appreciation for the passionate innovation and unwavering entrepreneurship that drives the tech sector forward. Since 1995 globally and since 2003 in Germany, we’ve celebrated impressive creativity and remarkable perseverance in the world of start-ups with this award.”
The recognition as a Deloitte Fast 50 Germany 2023 winner underscores PAIR Finance’s continuous growth and strength to innovate. It also highlights the importance of companies like PAIR Finance for Europe’s technological future. In a world where AI development is heavily influenced by the US and China, it is vital to create European alternatives that prioritise ethical standards, data protection, and societal value. PAIR Finance’s work in artificial intelligence ensures that Europe remains globally competitive in this future-defining field, while building its own solutions.
In recent years, PAIR Finance has expanded into numerous new markets and has received multiple awards, including being named a FOCUS Growth Champion 2024.
What is the Deloitte Technology Fast 50 Award?
The Deloitte Technology Fast 50 Award is a prestigious accolade presented annually by Deloitte to honour the fastest-growing technology companies in Germany. The award targets innovative firms that have achieved rapid growth in a short period and play a significant role in the tech and innovation landscape.
First introduced as the Technology Fast 50 Competition by Deloitte in the US in 1995, the initiative has expanded globally, recognising start-ups across various countries each year. In Germany, Deloitte has been awarding the fastest-growing technology companies since 2003.
