Online accounting firm FreeAgent tops Deloitte growth list / FreeAgent among top ten on 2013 Deloitte Fast 50

BBC writes: An online accounting software firm has been named the fastest-growing technology firm in Scotland in a report by accountants Deloitte.

FreeAgent was placed eighth overall in the UK in Deloitte's Fast 50 listing for 2013.

FreeAgent reported a 2,128% rise in turnover between 2007 and 2012 to secure its place on the annual list of the 50 fastest-growing tech firms.

The Edinburgh-based company started with just three staff.

It has since grown into a business with more than 34,000 customers worldwide, and now employs more than 50 people.

FreeAgent is an online bookkeeping and accounting system targeted at freelancers and small businesses.

Chief executive and founder Ed Molyneux said: "The past few years have been an incredible journey for FreeAgent.

"When we first started out in 2007, there was just me and my two co-founders involved with running the business.

"Since then, we've been able to build our business successfully to the point where we now have people in more than 80 countries worldwide using FreeAgent."

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FreeAgent among top ten on 2013 Deloitte Fast 50

 CIOL Bureau writes: FreeAgent, the UK's market-leader in online accounting, has been named among 2013's fastest growing technology firms.

The company - which provides an award-winning online accounting system for small businesses and freelancers - featured in 8th place on this year's prestigious Deloitte Fast 50 list in recognition of its impressive growth over the past five years.

FreeAgent reported a 2128 pc rise in turnover in the period 2007-2012 to earn its place on the Fast 50 - the annual list that Deloitte publishes of the 50 fastest growing technology companies across the whole of the UK. During the same period, FreeAgent has also grown from a fledgling three-man operation into a thriving business with more than 34,000 customers worldwide and which employs more than 50 people in its Edinburgh HQ and remotely throughout the rest of the country.

Ed Molyneux, CEO and co-founder of FreeAgent, said: "The past few years have been an incredible journey for FreeAgent. When we first started out in 2007, there was just me and my two co-founders involved with running the business. We were former freelancers armed with a vision of providing an intuitive accounting system that would help put sole traders and small business owners back in control of their finances.