Novalnet has been recognised as one of the growth champions one more time this year. As a full-service payment provider offering comprehensive services like payment processing, risk management, invoicing and accounts receivable management Novalnet was published as one of the top 500 companies in Germany by FOCUS news magazine, issue 42/2021. This recognition makes Novalnet one of the most successful and rapidly expanding companies in the country. Gabriel Dixon, founder and CEO of Novalnet, sees this success as accreditation for his company: “Organic growth can only arise where marketable, innovative and successful solutions such as those of Novalnet are offered. Therefore, we are pleased about this prestigious award and that we have been one of the fastest-growing companies in Germany for several years now. ”
Novalnet had already been named growth champion by FOCUS last year and in 2019. Novalnet appears for the third time in a row in the renowned FOCUS ranking of growth champions 2022 by the news magazine, which is carried out annually in association with the statistics and market data portal Statista. The list exposes the 500 companies headquartered in Germany, which had achieved the highest growth percentage in their sales between 2017 and 2020. The facts and figures of all companies were verified and processed by Statista. In addition, a survey was conducted for the companies and participation was made free. As a result, this fintech was also listed as the best payment service provider in the financial services category.
“As growth champion in 2020 and 2021 and after the Technology Fast 50 Award, Novalnet has once again proven that it has been successful on the market with its proprietary technology over the past three years,” said CEO Gabriel Dixon. “We owe this prestigious award above all to our loyal customers and our committed employees. From the start, it was important to us to be a competent, innovative, and flexible service provider. Over the years, we have managed to win many great companies as customers and persuade them with our innovative solutions and services, upholding reliability, a high degree of simplicity and usability. ”
Novalnet had previously received the Deloitte Technology Fast 50 Award in November 2017 as one of the 50 emergent technology companies in Germany, evaluating the percentage of sales growth over the past four years. The payment experts from Novalnet were also on this ranking list as the payment service provider with the highest turnover.
This year, FOCUS published a ranking list of the 500 growth champions in 2022 in an extended process. For this purpose, FOCUS had filtered Novalnet from around two million companies registered in the commercial register, together with about 15,000 other companies with significant employee or sales growth and called on them to compete for growth champions 2022. From a total of 1,606 companies, FOCUS, in collaboration with the Statista Institute, one of the world’s largest online statistics portals, selected the fastest growing 500 companies in 21 industries as growth champions for 2022.