Receipt Bank named one of the UK’s 50 fastest growing tech companies

We’re thrilled to announce that Receipt Bank ranked 43rd in this year’s The Sunday Times Hiscox Tech Track 100 – retaining our place as one of the top 100 fastest growing UK technology, media and telecoms companies.

Adrian Blair, Receipt Bank’s new CEO, said: “Receipt Bank is on a mission to give businesses time to grow. We’re thrilled to be recognised by the Sunday Times Hiscox Tech Track 100 for leading automated bookkeeping.

Our aim is to be in the pocket of every small business owner and the desktop of every accountant. With hundreds of thousands of users and 10 million documents processed monthly, we’re well on our way, and this accolade is a testament to the team’s hard work.”

This is the 3rd consecutive year Receipt Bank has been named on the list. Since our launch in 2010, Receipt Bank has been revolutionising the bookkeeping industry. We were the first software company to automate the collection and data extraction of receipts and invoices.

But we’ve come a long way from just reading receipts. Now, we make it simple to capture, process and share all financial information instantly, including bank statements and sales invoices.

Receipt Bank helps more than 35,000 accountants and bookkeepers save time on data entry. We process around 5 million documents each month, saving the world an average of 75,000 hours per week.

We’d like to say a huge thank you to all of our partners and users for helping us come this far. We’re looking forward to an exciting time ahead as we push the boundaries of what’s possible in the world of cloud accounting.

Compiled by Fast Track and published in The Sunday Times each September, the league table is based on revenue generated over the past three years.