Revenue Optimization 1: Authorization rates, fraud and some things you should know about risk management
After receiving a ton of submissions we toured the the Netherlands, U.K, Spain, France, Germany and Sweden to announce the winners of each country, and at The Next Web conference in Amsterdam on 26 May the winner was announced. Congratulations to Lesara for taking home the Tech5 price 2016!
The finalists were:
1. Lesara (7950% growth)
2. Finexkap (3500%)
3. Subasta de Ocio (3026%)
4. Kano (2650%)
5. Tiqets (2480%)
6. Acast (1000%)
Watch the companies here as they reflect on the secret behind their tremendous growth:
The European Tech5 is a competition co-hosted by Adyen and The Next Web aimed at finding the fastest-growing startup across six European markets; the UK, Sweden, Germany, the Netherlands, France, and Spain. Unlike similar competitions, the Tech5 is based on actual revenue and employee data to find the fastest growth rate among entrants between 2013 and 2016. The main entry criteria for the Tech5 were that a company must have launched in 2011 or later, have generated more than €200,000 in revenue (2015), and have built its own (scalable) product or service, driven by technology.
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