Beats 1,000 companies to Top 100 spot
London, UK – 4th December 2013 - MPayMe, the company behind the innovative mobile business platform ZNAP™, is delighted to announce that it has been included in the 2013 Red Herring 100 Global list. The list celebrates innovations and technologies from leading private companies in North America, Europe and Asia.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognise that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and eBay would change the way we live and work.
Alessandro Gadotti, Global CEO at MPayMe, said:
“To be among the most exciting technology companies in the world is an honour for us and a testament to the potential of our mobile business platform, ZNAP™. Our aim is to revolutionise commerce by using mobility to provide added value for consumers and merchants alike. I see recognition from Red Herring as not just about where we have come from and where we are now, but about where we will be in the future.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe MPayMe embodies the vision, drive and innovation that define a successful entrepreneurial venture. MPayMe should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers. This allows Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.