mopay Named One of the Top 25 Fastest-Growing Media Companies in Europe

June 09, 2011 09:06 AM Eastern Daylight Time 

mopay the only mobile payments provider nominated, elevating the company to de facto European market leader

MUNICH & PALO ALTO, Calif.--(BUSINESS WIRE)--mopay, a global leader in innovative payment solutions for online merchants, was selected as one of Europe’s 25 fastest-growing larger digital media companies. mopay was the only pure-play mobile payments provider nominated to the Top 25. The selection took place at the Media Momentum Awards 2011 in Barcelona, where the most innovative and fastest-growing companies in the European Digital Media Economy are recognized. The event is organized by Investment Bank GP Bullhound.

“We feel very honored that the jury voted mopay as one of the Top 25 European companies”

The Media Momentum 2011 awards are based on companies’ revenue growth from 2008 to 2010. This year’s Top 50 have grown their collective revenue base from $558 million USD to $2.2 billion within this three-year period. Notable attendees and speakers at this year’s event included executives from Amazon, Google, Moneybookers, Rovio and vente-privee. mopay is the only shortlisted pure-play mobile payments provider. “Every year, GP Bullhound rounds up a highly renowned judging panel of industry experts and entrepreneurs,” said Christian Lagerling, Founding Partner of GP Bullhound. “In this year’s highly competitive list of the fastest-growing digital media companies, mopay distinguished itself as the only pure mobile payments provider. Every company on this list can be considered a European market leader in its respective industry.”

“We feel very honored that the jury voted mopay as one of the Top 25 European companies,” said Kolja Reiss, Managing Director of mopay. “Today, mopay is a true industry leader, processing every third mobile payment transaction in Europe. This nomination not only recognizes this leadership, but also indicates the rising importance of mobile payments as one of the most innovative monetization strategies for the digital media economy. According to ABI Research, the European mobile payments market is expected to grow tenfold between 2010 and 2015. As the industry continues to grow, so will mopay.”

For the seventh year running, GP Bullhound is recognizing the hottest and fastest-growing digital media companies in Europe. Thought leaders and entrepreneurs from the digital media economy were invited to participate in the CEO Summit and the Media Momentum Awards celebrations to discuss and brainstorm about current and future topics facing the Internet economy.

About mopay:

mopay is a global leader in innovative payment solutions for online merchants. mopay’s core platform enables merchants of virtual, digital and physical goods to bill charges directly to consumers’ cell phone and land line accounts. mopay operates in more than 80 countries across the globe, reaching more than 3.3 billion consumers. The company has a blue-chip customer base including major brands such as Bigpoint, Gameforge, Innogames, Sulake and Travian. mopay, part of the MindMatics group, has more than 100 employees at locations in the United States, Germany, Austria, the United Kingdom and China. For more information, visit www.mopay.com.

Contacts

MindMatics AG
Matthias Seidel, +49 89 322986-580
Fax: +49 89 322986-570
matthias.seidel@mindmatics.de
www.mindmatics.de ; www.mopay.com
or
PAN Communications
Noah Brown, 978-474-1900
mopay@pancomm.com