Returnista Runs 6th in Deloitte Fast 50

Date
November 4, 2022
Category
Ecommerce

Returnista is one of the 6 fastest-growing technology companies in the Netherlands. This was announced last night during the Deloitte Technology Fast 50 awards ceremony in Hilversum. Returnista is the only player with an all-in-one returns solution to have made it into the 2022 Fast 50.

3957% revenue growth in 4 years

In the Technology Fast 50, Deloitte ranks the 50 fastest-growing technology companies each year. With this ranking, Deloitte highlights market game-changers at an early stage. The 50 participating companies are nominated based on their revenue growth percentage over the past 4 years. During that period, Returnista achieved a revenue growth of 3957%.

“A spot in the Technology Fast 50 is a wonderful recognition of our hard work and the rapid growth we have achieved in recent years,” says Olivier Muller, co-founder and CEO of Returnista.

Returns: the biggest problem for online stores

E-commerce has experienced unprecedented growth, partly due to the corona crisis. However, for many online stores, this growth came with one major problem: an increase in the number of returns. The fashion industry in the Netherlands, in particular, ranks in the top 3 in Europe for the highest return rates.

The Muller brothers cleverly anticipated this five years ago: “Many online stores focus on a smooth sales process. But the moment an item needs to be returned, the process stalls, becoming a source of frustration for both the online store and the consumer. We have found a solution for that.”

Retaining revenue with a scalable returns solution

With its complete return management platform, Returnista automates and optimizes the entire return process, resulting in: fewer returns, more revenue, and an optimal customer experience. 

Quinten Muller: “Thanks to our innovative strength, we have a state-of-the-art returns solution that enables online stores to get the most out of their return process, both now and in the future. Together, we are working toward a world where returns are a thing of the past.”

Growth in line with company ambition

The growth of recent years aligns with the company's ambition. Muller: “We want to be the European leader in returns. To realize this ambition, we are strengthening our leading position in the Netherlands and are increasingly onboarding clients from countries including Germany, Belgium, and Denmark.”

Finally, Returnista would like to congratulate all participants on their place in this list of the 50 fastest-growing companies. We would also like to take this opportunity to thank all our colleagues and clients for the great collaboration!

Author
Returnista
Inhoudsopgave

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