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Blue Star Capital Plc

Sthaler named in “Top 100: Britain’s Fastest-Growing Businesses”

Sthaler has been named in SyndicateRoom’s influential report: “Top 100: Britain’s Fastest-Growing Businesses”.

SyndicateRoom produced the final list in partnership with independent research agency Beauhurst. Almost three-quarters of this year’s Top 100 ranking are businesses that excel at technology.

The report declares that “tech startups are the future”. It adds: “This year’s ranking is a celebration of the country’s scale-up ecosystem.”

The UK’s tech industry is the fastest-growing in Europe and is expanding 2.6 times faster than the rest of the UK economy. New tech businesses being set up in the UK rose by nearly 60% in 2017.

 

Sthaler was formed to find a new way to pay. The company worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. Sthaler developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 1% holding in Sthaler.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.