In just six years, Birmingham-based tech company PM Connect have gone from being the brainchild of a university graduate to a multi-million-pound company, whose fantastic 2018 has seen them set their sights even higher for the next 12 months.
After founding PM Connect straight out of university, group CEO James Macfarlane set his sights on creating streamlined mobile payments, supported by premium digital marketing at no extra cost to clients.
As an award-winning provider of mobile payment solutions, PM Connect are now processing two million payments per month globally, with growth skyrocketing and staff doubling in the past 18 months alone. Chris Purdie, group commercial director, has spoken about what it is that makes their offering so successful:
“Though PM Connect’s operation is diverse and in-depth, our core offering can be grouped under three brackets: secure mobile payments, bespoke technology, and an end goal of driving revenue by accessing new audiences across Europe, the Middle East, Asia Pacific and Africa.
“Our international reach and multi-billion dollar clients have resulted in rapid growth rates, with 59% three-year sales growth and reported sales of £19.3m in the year to February 2018. This earnt us 79th place in our second year in the Sunday Times Hiscox Tech Track 100 – which ranks the 100 British private tech companies with the fastest growing sales.”
The past three years in particular have seen significant growth for the company, who have increased staff and entered partnerships with international brands including WWE and NBA, and, most recently, Vodacom:
“A recent client win we are especially proud of is NBA,” said Chris, “we will be creating a subscription site to be rolled out across the basketball giant’s three key markets outside of the US – the UK, Portugal, and Poland.
“We have also entered a milestone partnership with Africa’s biggest mobile carrier Vodacom, which has a 43% market share in South Africa alone – allowing us to expand the reach of our WWE subscription site to Africa for the first time.”
Their latest deal with Vodacom means 2019 is shaping up to be an even bigger year for PM Connect, with this particular partnership being seen as the first of many new deals with global brands and carriers. This, said Chris, is hoped to cement the company’s global reputation:
“The past three years have seen an incredible period of growth for PM Connect, and 2019 will finally see us beginning to shout about our achievements – we are hoping to announce more stories publicly and up our media output.
“We will also be enhancing our sports offering by partnering with world-leading sports data providers Opta – improving our current range of sports apps with real-time data and widgets, with an intensive drive to increase our sports brand portfolio in the coming year.”
With further plans in the pipeline including developing their ticketing solutions to expand their output to ticketing and events, it looks like the current period of growth and success for PM Connect isn’t stopping anytime soon.