OakNorth Bank has taken the top spot on the FT’s annual list of the 1,000 fastest growing companies in Europe; the list in now in its fourth year and is compiled in combination with the Financial Times and Statista; the be considered for the list companies needed a minimum growth rate of 38.4 percent, compared to 37.7 percent last year; Germany counted the most winners on the list with Italy, the UK and France following closely; Toby Coppel, Partner at Mosaic Ventures, a London-based venture capital firm, tells the FT there has never been a better time to build a start-up; “The European start-up ecosystem continues to mature,” he says. “There are many more successful companies like Spotify where the next generation of founders are trained and then leave to start-up the next company, often with former colleagues to start something new.” Financial Times
