It’s awards season! Within days of TiE50 2011, SponsorPay has been selected as a finalist for Red Herring’s Top 100 Europe award and proudly joins the prestigious list honoring this year’s most promising private technology ventures in Europe. The finalists were selected based on their technological innovation, management strength, market size, investor record, customer acquisition and financial health.

“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. We had a very difficult time narrowing the pool and selecting the finalists.”