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Luno, a cryptocurrency company with outpost in Nigeria and other emerging markets, has emerged the 2018 fastest growing tech start-up in the United Kingdom, according to organisers of the Tech5 awards.
Tech5 is a n annual competition organised by TNW and Adyen. The competition showcases and awards the fastest growing companies by revenue in six key European markets.
According to Katherine Suy, a media representative for Luno, “There has been a massive spike of interest in digital currencies globally. We believe this to be a result of customers re-evaluating their options, and reimagining financial potential. We want to upgrade them to that world where money is cheaper, faster and safer. This is a world where transactions are private, yet transparent. We are giving our customers a vehicle to reach this world, and the tools to enable financial freedom; tools that are interoperable and programmable, with open, equal access for everyone.”
As the UK champion, Luno will be competing against Tech5 winners from Germany, The Netherlands, Spain, France and Sweden for the title of “Fastest growing tech company in Europe. The winner will be unveiled at The Next Web Conference 2018, on 24 May 2018.
“Our team have been working tirelessly over the last few years and have been laser-focused on providing the best service for our customers. Not only are we really proud to see that recognition paying off, it has further ignited our purpose by validating our role in the future of money.”
Luno provides cryptocurrency services including buying and selling of bitcoin and Ethereum.
