Football Index seals second spot in Sunday Times Sage Tech Track 100

Football Index, a platform allowing users to buy and sell ‘shares’ in professional football players, has come second in the Sunday Times Sage Tech Track 100.

Compiled by Fast Track, the rankings rate 100 British private tech companies with the fastest-growing sales over their last three financial years. The results are published in The Sunday Times every September.

Football Index finished between digital bank Revolut in top spot and email security provider Tessian in third position.

The Tech Track 100 revealed that Football Index’s sales, which represent commissions and the difference between shares bought and sold, reached £45.1m in 2019.

This represented a 309.89% annual sales increase over the last three years, making the five-year-old business the second fastest-growing private tech company in Britain.

Football Index CEO Adam Cole said: “This is a huge honour for us that recognises the brilliant growth of Football Index, and the great product we’ve developed.

“Given the UK’s powerful tech sector, climbing to number two is a fabulous result, establishing us as one of the UK’s most significant fintech success stories.”

Football Index, which is based in Central London and employs more than 60 staff, has accumulated 500,000 users and a cult-like following on social media channels.

Last year a deal was struck with Nasdaq to utilise its order matching technology and enable the platform to act more like a true peer-to-peer exchange.

Click here for a full rundown of the Sunday Times Sage Tech Track 100.