FundedNext, the flagship fintech platform of UAE-based NEXT Ventures, has been recognised as the top fintech company in the Deloitte Technology Fast 50 for the Middle East and Cyprus, placing second overall. The company made the announcement on Monday (29 June).
The Deloitte Technology Fast 50 is compiled by Deloitte, one of the world’s four largest professional services firms alongside PwC, EY and KPMG. The ranking is based entirely on independently audited revenue growth over four consecutive years. The full results are available at Deloitte’s official results page.
FundedNext also achieved 11th position in the Deloitte Technology Fast 500 for Europe, the Middle East and Africa (EMEA) — a ranking of the 500 fastest-growing technology companies across 24 countries. With this achievement, founders Syed Abdullah Jayed and Syed Abdullah Galib have become the first Bangladeshi entrepreneurs to attain this global distinction.
Founded in 2022, FundedNext now serves customers in more than 170 countries. The NEXT Ventures portfolio also includes FNMarkets, its regulated brokerage firm. The group is headquartered in the UAE and operates hubs in Malaysia, Cyprus and Sri Lanka, while Bangladesh serves as its back-office hub. NEXT Bangladesh Ltd. employs more than 500 people and is among the country’s leading IT-sector foreign remittance earners.
Commenting on the award, CEO Syed Abdullah Jayed said the Deloitte ranking is especially meaningful precisely because no company can influence the outcome — placement rests solely on four years of independently audited revenue growth.
“Winning a place on Deloitte’s Fast 50 is special because no company can influence where it ranks. It comes down to four years of independently audited revenue growth. We’re proud a company with Bangladeshi roots is measured among the fastest-growing tech firms across Europe, the Middle East and Africa,” he said.
