Global technology investment firm GP Bullhound selects Neomobile for Media Momentum league table for second successive year

May 17 2012, London, UK - Neomobile, the global mobile commerce group, has come ninth in the GP Bullhound Media Momentum league table of the 50 fastest growing digital companies in Europe for 2012. The table is compiled each year by technology investment banking firm GP Bullhound, who identifies and ranks the fastest growing and most promising companies in the European digital economy, according to revenue and three-year annual growth rate. GP Bullhound announced this year’s Top 50 at its annual Summit, held last week in Berlin.

2012 is the second straight year that Neomobile has made the GP Bullhound Top 50; it made its first appearance in 2011. Neomobile repeated the achievement this year following a highly successful 12 months of trading in 2011, in which it generated gross revenues of Euro €160 million and a Compound Annual Growth Rate (CAGR) 2009-2011 of 65%.

Other important achievements for Neomobile include its acquisition of mobile payment provider Onebip in March 2011 and the acquisition of Turkish mobile entertainment and content provider United Cellular Technologies (UCT) Group in June 2011. Neomobile has also enjoyed impressive revenue growth in Latin America, in particular Mexico and Colombia.

Founded in 2007, Neomobile has grown from a small Italian company to a global leader and innovator in mobile commerce that is driving the m-entertainment and m-payment revolutions. Now based in London, Neomobile has direct relationships with telecom operators in more than 70 countries and is at the heart of the fast-moving, fast-growing mobile commerce market.

Neomobile’s flagship mobile payment solution is Onebip, an easy-to-use, carrier-grade platform which allows users to purchase a variety of virtual goods through their mobile device – everything from music, video downloads, games, and social networking services – directly through their operator, without needing a bank account or credit card.

“The global market for mobile commerce continues to grow rapidly – and Neomobile is driving this growth,” said Neomobile CEO Gianluca D’Agostino. “Drawing on our digital media and mobile payment expertise, we work with partners and merchants to create additional value by delivering a seamless, intuitive and enjoyable experience for end-users. We’re delighted to once again earn this recognition from GP Bullhound as a leader in Europe’s digital sector.”

To learn more about Neomobile, watch the new video “Why mobile commerce will revolutionise consumer engagement”.