Featurespace enters Tech City UK’s fast-growing ‘Future Fifty’

Featurespace, the leading multinational machine learning company for fraud prevention and risk management, has been selected for the Future Fifty programme, a network of the highest growth technology companies in the UK.

Martina King, Featurespace CEO, commented:

“Our entry into the Future Fifty reflects our clients’ desire to protect their own customers with world-leading machine learning fraud prevention.

The ARIC platform is deployed by some of the world’s largest financial services organisations and is recognised as the pre-eminent machine learning fraud prevention system available in the market.”

Gerard Grech, CEO, Tech City UK, commented:

“In the tech sector, small and growing businesses are providing high-quality jobs, employment to more than a million people and great career paths. Future Fifty helps 50 of the UK’s most promising businesses to accelerate their growth and shows how Tech City UK, soon to be Tech Nation, can connect ambitious people and companies across the country. 

“By sharing knowledge and expertise Tech Nation can help these exciting businesses build faster and compete on the world stage. The prize for backing ambitious tech companies is huge: average salaries are almost £51,000, 44% higher than the average non-digital salary and the digital tech turnover of the UK is now worth £170bn and increasing all the time.”

The Future Fifty recognises 26 new entrants each year, identified by their potential to scale rapidly and to build significant businesses.

Members of the Future Fifty are identified by an experienced judging panel made up of entrepreneurs and investors in UK technology.