OnBuy makes the prestigious FT1000 list for the third year!

We’re excited to announce that OnBuy has made the FT1000 list for the THIRD consecutive year, a feat achieved by only 138 companies since 2022.  

The prestigious list reports the latest annual rankings of businesses by revenue growth across Europe.  

We’re proud to be going from strength to strength, bucking the trend of many other eCommerce companies, who boomed during the COVID-19 pandemic but later struggled to sustain their growth.  

Having witnessed a remarkable growth rate of 3263% in just three years, we’re thrilled to have secured the 34th spot overall.

This news comes hot on the heels of our recent announcement that we placed 11th in the Deloitte UK Technology Fast 50 for the second year running, making it the third time we’d been featured overall, having claimed the regional top spot for the Southwest and Wales in 2021.  

Our founder and CEO, Cas Paton, said: 

“I’m so proud of the entire OnBuy Team for our inclusion in this year’s FT1000. It's the result of countless hours of hard work and dedication, which have established us as a real contender in the eCommerce space. 

"I attribute this remarkable growth to our collective commitment to providing a fairer ecosystem for both sellers and buyers. It’s important to us as a company that our values remain consistent, with fairness and transparency at the heart of the business.” 

2023 was huge for OnBuy, bringing about not only the biggest wins in our history, but also record-breaking sales, exciting developments, and industry-first launches. 

Since becoming the world’s first Cashback marketplace in July, we’ve taken a distinctive approach to rewarding our customers, shunning traditional loyalty schemes with our unique model, which allows shoppers to earn instant Cashback on everything they buy. 

Not only that, but to help our customers enjoy even more choice and convenience at the checkout, we welcomed a variety of new payment providers last year, including various Buy Now, Pay Later services, like Clearpay and Klarna. 

If that wasn’t enough, we also made our offering to sellers more robust as we introduced direct bank payments AND the OnBuy Ads retail media platform.  

Giving our sellers access to the most prominent and relevant placements on our site, OnBuy Ads helps to showcase their products to millions of shoppers actively seeking what they offer. As part of our commitment to create a level playing field, the Ads system is accessible to sellers of all sizes, providing a user-friendly dashboard that allows campaigns to be easily created and optimised to suit any budget. 

These initiatives were years in the making and are proving disruptive in the industry as we pursue our vision to improve eCommerce... for everyone! 

Fresh off the back of these updates, we’re laying the foundations to be able to scale further and faster in 2024.  

We're soon to begin the first phase of our international roll-out, following strategic investment from a Nasdaq-listed global tech firm. Plus, there's lots of innovation to look forward to closer to home, with the exciting evolution of our Cashback offering and loyalty programme.  

Cas went on to comment: 

“This is just the start for us. We’re on the verge of releasing some seriously exciting projects that will help bring us even closer to our sellers and our customers, allowing us to build a better, stronger marketplace for the future. 

“Today’s ranking represents a springboard for us to take the next big step in our journey, and there are plenty more to come!”