27 February 2019
France smiles on those who come up with ideas, those who dare to rewrite ways of thinking! France smiles on Lemonway. At least, that’s the takeaway from the latest results of ‘Les 500 Champions de la Croissance’ (the Top 500 Growth Champions), produced by French daily Les Échos and Statista. This third edition showcases high growth companies in France that stimulate the economy, create jobs and contribute to France’s return to positive growth.
The rankings showered honours on Lemonway, which climbed to 19th place overall (+20 places compared to last year) and came in first for its category (moving up from the runner-up position in the 2018 classification). And with good reason! We report average annual growth of 125%, and overall growth of 1037% between 2014 and 2017.
This spectacular and well-recognised development can be attributed to several factors: to our bespoke payment solutions that are secure and regulated (KYC, fraud prevention…) of course, but also to the rise, in recent years, of crowdfunding platforms, the sharing economy and online sales platforms.
Damien Guermonprez, Executive Chairman of Lemonway, says ‘We are pleased and proud to have advanced in these rankings, and to serve as the FinTech leader. It’s a validation of the hard work and commitment put in by each of our employees. Our 2019 ambitions for growth (on key accounts and in Europe) as well as innovation (especially as concerns artificial intelligence) can only further enhance our strong development. Congratulations to the whole team!’
