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Paylogic still a rebel 5 years on: 2600% revenue growth despite looming crisis
Dutch startup Paylogic shows their ticketing solution is the fastest grower on the European market. The Deloitte Fast 500 EMEA, the Dutch Twinkle 100 Awards and the Deloitte Fast 50 Benelux unveiled the results Paylogic realized over the past years.
In the Deloitte FAST 50 Benelux, the competition for fastest growing tech companies, Paylogic was awarded 4th place. Over a period of 5 years the revenue increased to 2590%. The Twinkle 100 positioned Paylogic as the 12th largest e-commerce company of The Netherlands. Paylogic jumped from the 60th place in 2010 to 12th in 2011, after an overwhelming growth. Over 1500 event companies are using Paylogic’s ticketing system on a daily basis and this number is increasing fast. CCO Jan Willem van der Meer says the market was unsatisfied and looking for alternative ticketing solutions. One that offers self empowerment, ownership, innovative solutions and lower costs. The formula suits both small event companies and large ones such as ID&T (Sensation) and Andre Rieu, both selling their tickets worldwide using Paylogic.
Paylogic now has offices in Berlin (Germany), Antwerp (Belgium), Amsterdam and Groningen (The Netherlands)
The reason for this quick growth and expansion is the fact that Paylogic offers a combination for the event owner which exactly meets their needs: The ticketing process is in the hands of the event company and so are their event visitor data and marketing statistics. With Paylogic, the visitor buys tickets on the website of the event company and all visitor data is then owned by the event company and not by Paylogic. This is a ‘do-it-yourself’
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Paylogic has the most innovative ticketing solution in the Dutch market. Paylogic distinguishes itself by facilitating ticket sales from the site of event organizers, its full service approach and competitive rates. For more information see: paylogic.eu.
Page Updated Last on: Jan 20, 2012