Inc. magazine has released its latest annual Inc. 5000 Europe list. The list ranks private companies whose revenue has increased the most over the past three years. The Latvian company Creamfinance is ranked as the second fastest-growing company in Europe in 2016.
The company’s growth for the past three years amounted to 1,722%. Creamfinance posted EUR 22 million in revenue in 2015.
Matīss Ansviesulis (pictured in the center), one of the founders and CEO of the company, says that the award “is recognition of the hard work put in by all the employees of our company. Our focus on excelling at what we do made prompt expansion and growth possible. We are proud to be among the best. It proves that we strive to get even better and focus on growth.”
Creamfinance recently launched operations in Mexico. At the moment, the company is working to offer a full range of services in the countries it is represented. The company is also considering expansion opportunities in Latin America.