BERLIN, Germany (May 27, 2011) – SponsorPay, the leading international offer-based payments platform, announced today it has been selected as a winner of Red Herring’s Top 100 Europe award, a prestigious list recognizing the year’s most promising private technology ventures from the European business region. This honor comes hot on the heels of its selection among the “Ones To Watch” at the 2011 Media Momentum Summit for the fastest growing digital media companies in the continent.
“This year was very rewarding,” said Alex Vieux, publisher and CEO of Red Herring. “The global economic situation has abated and there are many great companies producing really innovative and amazing products. SponsorPay shows great promise and therefore deserves to be among the winners.”
The Red Herring editorial team evaluated the most innovative companies from a pool of hundreds from across Europe. Winners of the Red Herring 100 Europe award were chosen based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. SponsorPay joined companies such as Skrill/Moneybookers and Wonga among this year’s awardees. Previous Red Herring 100 winners include Google, Yahoo!, Skype, Netscape, Salesforce and YouTube.
Earlier this month, SponsorPay was also selected among the “Ones to Watch” at the exclusive Media Momentum Summit organized by investment bank GP Bullhound for the hottest digital media companies in Europe. While too young to participate in the Top 50 category, the company stood out from its peers because of its impressive growth since inception in 2009.
“Our platform enables online advertisers and providers of digital goods to overcome their biggest hurdles in an exciting but challenging market. This recognition is testament to the value of our services”, said Andreas Bodczek, CEO at SponsorPay. “The entire credit goes to our incredible team that’s continuously striving to deliver the best results to our partners.”