Deloitte Technology Fast 50

Travelwin Ranked 27th in Deloitte Technology Fast 50 2019

Travelwin attributes its growth to the rapid expansion of Sim Local, which helps Intercontinental travellers eliminate roaming charges by providing local network bundles.

Dublin, 29th October 2019: Travelwin is delighted to announce that it has been ranked number 27 in the 2019 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over four years.

Travelwin’s CEO, Killian Whelan, credits the strong performance of Sim Local as a key contributor to the company’s growth over the past four years. He said, “We are delighted to be included in the Deloitte Technology Fast 50. Travelwin’s mission is to empower intercontinental travellers at every point of their journey and Sim Local allows them to connect globally while only paying local network rates. With retail stores in large Hub Airports in the UK, we also provide store-in-store services in the UK, US and other key hub airports in Europe. In addition, we have a strategic partnership with a Global Affiliate that has enabled us to significantly expand our reach worldwide.

We have been trading since 2010 and significantly invest in Research & Development to ensure we are at the leading edge of mobile technology. In fact, Sim Local will shortly launch an eSIM offering via an app and an online store. Our latest technology allows international travellers to select their own local roaming options online with their preferred local telecoms network that best suits their needs. This will revolutionise telecoms charges for international travellers, and Sim Local’s technology will capitalise on the growth opportunities provided by eSIM.

The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. This year marks 20 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector.

Cumulatively, the 2019 Fast 50 winners generated approximately €3.6 billion in total annual revenues in 2018. The average revenue of companies featured in the ranking was approximately €70 million, while the average growth rate of the companies over the last four years was 347%. There are 18 new companies on the ranking.

Announcing the winners of the Deloitte Technology Fast 50 programme, David Shanahan, Partner, Deloitte, said: “Since 2000, the awards have showcased an innovative and diverse range of Irish technology companies, and this year is certainly no different. Over this time, we have seen Irish technology companies capitalise on the opportunities that came from technology deregulation, the emergence of an international financial services sector here, and the growth of e-learning and virtualisation technologies, to name a few. We’re delighted to be supporting these companies and recognising them with these awards. Over the last 20 years, the Fast 50 has become the benchmark of success for Irish tech companies.”

source: https://www2.deloitte.com/ie/en/pages/technology-media-and-telecommunications/articles/fast-50-2019-winners.html

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About Travelwin

Travelwin is a leading global travel technology company with a vision to provide international travellers with cost effective solutions for their entire trip – it is a disrupter in the travel technology industry.

Sim Local forms an integral part of the Travelwin Group and provides local network bundles to Intercontinental travellers.

It has network partnerships with Vodafone UK, Three UK, EE, Lebara and Lyca Mobile as well as eSIM agreements with Truphone and China Unicom.

Sim Local has evolved from a local SIM reseller to become a travel technology disruptor and operates in over 20 markets globally.

It holds a seat on the Technical and Specification committee of the GSMA, providing input and counsel on the evolving technology with a particular focus on eSIM technology.