Wallester, Patron GO, and Malcom Finance have been named the three fastest-growing fintech companies in Central Europe, joining six other fintech companies featured among the region’s top 50 fastest-growing technology companies in Deloitte’s latest ranking.

All nine fintech ventures appear in the 2025 Deloitte Technology Fast 50 Central Europe, a list which ranks the public and private tech companies headquartered in Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Poland, Romania, Slovakia and Ukraine, based on their revenue growth from 2021 to 2024. Entrants provided their financial data, which Deloitte cross-checked using each company of these 50 companies’ financial statements.

With nine entries, fintech is this year’s second biggest industry featured in the ranking after software with 31 companies. This underscores the growth and prominence of fintech in the region’s startup ecosystem, driven by government support, demand from financial institutions for digital transformation, and increased consumer adoption of digital financial services.

These fintech companies span business financing, payments, and wealthtech, and record an average revenue growth of 1,209% between 2021 and 2024. These rates range from 596% to 2,070%, and demonstrate how Central Europe is evolving into a significant fintech engine across the region.

Wallester (Estonia) – +2,070%

With a revenue growth rate of 2,070% over the past four years, Wallester is the 6th fastest-growing tech companies and the fastest-growing fintech company in Central Europe.

Founded in 2016, Wallester is an Estonian-licensed financial institution and an official Visa partner specializing in innovative digital financial solutions and card issuance. It serves companies across the European Economic Area (EEA) and the UK, helping them streamline payments, launch branded cards, and scale operations.

Wallester’s offerings include a white-label solution for businesses to integrate financial services directly into their platforms, and Wallester Business, a corporate expense management platform featuring virtual and physical Visa cards, expense tracking, budget analytics, and integration with accounting systems.

Patron GO (Czech Republic) – +1,978%

With a revenue growth rate of 1,978%, Patron GO is the seventh fastest-growing tech company in Central Europe, and the region’s second fastest-growing fintech company.

Founded in 2020 and headquartered in Prague, Patron GO is a smart app designed to optimize users’ finances across saving, earning, and protection. The platform detects savings opportunities, optimizes spending, and shields customers from financial risks. It learns from customer behavior, and uses AI and machine learning (ML) to identify unnecessarily high costs in bank accounts, and recommend better offers to improve financial health.

Patron GO operates in Czech Republic and Slovakia, and claims more than 350,000 users. The company has analyzed transactions worth over PLN 66 billion (US$18 billion) and identified 70,000 savings opportunities, according to Fintek.pl.

Malcom Finance (Czech Republic) – +1,940%

With a revenue growth rate of 1,940%, Malcom Finance ranks ninth among Central Europe’s fastest-growing tech companies and third among fintech ventures.

Established in 2018 as 4Trans Factoring, Malcom Finance is a Czech fintech company that provides tailored financial solutions to logistics small and medium-sized enterprises (SMEs) across Europe. With thousands of registered carriers, the company finances invoices for logistics, offering factoring, invoice insurance, and access to a database of verified buyers.

To date, Malcom Finance has financed over 240,000 invoices worth more than EUR 260 million, with a verified database of 88,000 debtors.

Finqware (Romania) – +1,250%

With a revenue growth rate of 1,250%, Finqware is the 17th fastest-growing tech company in Central Europe and the fourth fastest-growing fintech venture in the region.

Founded in 2018 and headquartered in Bucharest, Finqware is a fintech infrastructure provider licensed as a payment institution. It helps companies and financial institutions automate treasury operations, gain seamless access to pan-European banking data, and embrace next-generation account-to-account (A2A) payments.

Finqware uses open banking to deliver real-time visibility, connectivity, and innovation across cash management, data aggregation, and digital payments. Its FinqTreasury platform enables multi-entity organizations to automate cash management, payments, collections, and reporting.

In 2023, Finqware achieved a fourfold increase in turnover and reported its first profitable year, with an earnings before interest, taxes, depreciation and amortization (EBITDA) margin of 29%, according to the Recursive.

Vestberry (Slovakia) – +908%

With a revenue growth rate of 908%, Vestberry ranks 30th among the fastest-growing tech companies in Central Europe and fifth among fintech ventures.

Founded in 2018 and headquartered in Bratislava, Vestberry builds a fintech analytical portfolio intelligence platform helping venture capital (VC) firms and private equity investors manage their capital smarter.

The platform consolidates vital portfolio information, enabling VC professionals to concentrate on extracting valuable insights from their data, rather than managing it. It leverages a no-code approach, allowing users to effortlessly construct their data infrastructure and seamlessly integrate with hundreds of data sources for unparalleled analytical capabilities.

Vestberry primarily serves European VC funds, and manages over EUR 30 billion in investments, employing around 40 people. In March, it secured EUR 2.2 million to expand its operations, particularly into the US.

VacuumLabs (Czech Republic) – +834%

With a revenue growth rate of 834%, VacuumLabs is the 35th fastest-growing tech company in Central Europe, and the sixth fastest-growing fintech venture.

Founded in 2012 and headquartered in Bratislava, VacuumLabs provides design, product development, engineering, and data science services for the fintech industry. The company supports clients from eight locations in Europe, North America, and Asia, and operates in 20 countries.

VacuumLabs primarily focuses on banking, cryptocurrency, and blockchain technology. It claims it has worked with more than 115 clients, including Standard Chartered, Twisto, Erste Group IT, Kiwi, Railsbank, Doconomy, Emurgo Innovatrics, and others.

Besteron (Slovakia) – +686%

With a revenue growth rate of 686%, Besteron ranks 40th among Central Europe’s fastest-growing tech companies and seventh among fintech ventures.

Founded in 2014 and headquartered in Bratislava, Besteron offers online and offline payment solutions via its payment gateway and point-of-sale (POS) terminals. The company operates in three countries, processes millions of transactions, and serves over 2,500 customers.

nsure (Czech Republic) – +621%

With a revenue growth rate of 621%, nsure is the 46th fastest-growing tech company in Central Europe, and the eighth fastest-growing fintech venture.

Founded in 2018 and headquartered in Zlin, nsure provides an insurance and financial product comparison and negotiation platform for independent financial advisors in the Czech and Slovak markets.

nsure’s platform allows financial advisors to compare and arrange a broad range of insurance, loan and investment products from major insurance companies and banks, generate necessary documentation, and finalize contracts online.

nsure also offers a data-integration application programming interface (API), called nsure+, which centralizes and normalizes data on negotiated insurance contracts across insurance companies, helping stakeholders make accurate decisions.

Payout (Slovakia) – +596%

With a revenue growth rate of 596%, Payout is a the 48th fastest-growing tech company in Central Europe, and the region’s ninth fastest-growing fintech venture.

Founded in 2018 and headquartered in Zilina, Payout provides a platform that allows businesses to automate financial operations, accelerate cashflow, and reduce costs through real-time payments, automated workflows, and API-based integration.

Its capabilities include A2A payments via payment initiation service (PIS), real-time data transfers via account information service (AIS), automated bulk outgoing payments, real-time client identification for know-your-customer (KYC) compliance, and advanced data analytics and fraud-prevention tools.

Payout also supports embedded financial products such as buy now, pay later (BNPL), insurance, and subscriptions, helping companies expand their revenue opportunities.

Payout has processed over EUR 500 million in 14 European countries and six currencies.

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