Volution portfolio company Flagstone, the UK’s largest investment platform, has joined Britain’s fastest growing private companies. The Sunday Times 100 list thesundaytimes.co.uk/100 recognises the achievements of Britain’s 100 most dynamic and fastest growing businesses. It celebrates entrepreneurial success driven by innovation, market demand and effective business strategies.

Since its launch in 2015, Flagstone has administered over £11 billion of assets belonging to over 600,000 customers, with sales last year reaching £37 million.

Talking about the achievement, Simon Merchant, co-founder and CEO of Flagstone said: “This is of course a wonderful landmark for our business and our team. But it’s also a good day for another underdog in finance: cash.

“Often sidelined and maligned next to shinier assets, cash is now experiencing its rightful renaissance. With interest rates set to stay higher for longer, we’re excited to help savers and businesses manage their cash for years to come.”

James Codling, Managing Partner at Volution added: “Flagstone continues to push boundaries, offering savers greater choice and flexibility. This is deserved recognition for the UK’s leading savings platform. Congratulations to Simon, Andrew and the entire Flagstone team.”