Profitable unicorn startups portray a distinguished and uniquely held subset of high valued entities that have successfully maintained growth and profitability, by capitalizing on innovation and operational efficiency. They attract significant investment as they integrate rapid growth with financial stability while exemplifying sustainable growth.
Read also - List of unicorn startups in Europe
Within the aura of Europe's entrepreneurial landscape, unicorn startups are flourishing while exploiting the fertile era of innovation and strengthening their existence in the global entrepreneurial realm.
Here is the list of the Top 10 Profitable Unicorn Startups in Europe
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Founded by Guillaume Pousaz in 2012. Headquartered in London, UK. A fintech startup that is known for its global reach, dealings in differential currencies and regions. Largely focused on depicting a secure, reliable and flexible payment processing mechanism globally and locally. It signifies 5 distinguished aspects, that are persistent innovation, adaptable and versatile payment platform, seamless integration, comprehensive global reach and customizable fraud engine.
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It uses a unified API to successfully navigate the B2B & B2C fund transfer. It was Europe's most valuable unicorn startup valued at $40bn, but it has revised its internal valuation down to $11bn, still considering itself to be the biggest unicorn tech entity and profitable.
Revolut
A global fintech startup founded in 2003 by Adrian Durham in New Zealand. Headquartered in Edinburgh, Scotland, UK. This platform enables wealth professionals to deploy advanced digital capabilities and adapt to changing customer expectations. It focuses entirely on 3 basic aspects that are end to end technology, scalable infrastructure and robust investment operations.
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This platform is making it possible for millions of new and existing investors, at all levels, to harness wealth's full potential to grow through automation. It is a profitable venture with more than $1.5 trillion assets under administration and 20 million+ end customers.
Trendyol Group
Founded by Demet Mutlu in Istanbul, Turkey in the year 2010. A Turkish conglomerate entity that deals entirely with e-commerce and is considered as one of the prominent and huge amongst the e-commerce companies.
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Its ambitions revolve around different aspects like industry dominance or market supremacy, eye-catching customer-centric approach, diversified offerings, technological breakthroughs, worldwide expansion, sustainability, strategic alliance and inheritance. A profitable and prosperous unicorn startup valued at more than $17bn.
Rapyd
A fintech startup founded in Israel in 2016 by 3 extraordinary individuals; Arizona Shtilman, Arkady Karpman and Omer Priel. Headquartered in London, UK. It is established after identification of the comprehensive need to operate, facilitate and empower cross border transactions and fund transfers in an efficient and integrated manner.
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Aimed at various crucial aspects like international monetary inclusion, transformation of the traditional financial system, seamless global transactions, vital emphasis on regulatory aspects and secure processing of currency conversion. A successful and profitable startup valued at more than $15bn.
Block chain.com
Founded by Benjamin Reeves, Peter Smith and Nicolas in the UK in 2011. Headquartered in Luxembourg City. Its long-term predetermined objectives include educating and communicating users about the management of digital assets and crypto currencies, tracking.
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Ensuring seamless transactions in differential networks, safekeeping of confidential user data and creating a friendly environment for blockchain ecosystem. A lucrative and profitable unicorn entity valued at $14bn.
Celonis
Founded by Alex Rinke, Martin Klenk and Bastian Nominacher in 2011 in Germany. Headquartered in Munich, Germany. It is established with the aim of helping different organisations to find deviations and take Corrective measures by gaining insights and optimisation of processes, to help formulate logical decisions, incremental efficiency and effectiveness, improved risk management tools and techniques.
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Innovative and integrated technological know-how, alliances and integration of ecosystems etc. A profitable and fertile unicorn startup valued and evaluated at $13bn.
Getir
Founded in 2015 by Nazim Salur in Istanbul, Turkey. Headquartered in Istanbul, Turkey. It is entirely focused on the establishment of 5 extraordinary aspects that are maintained product portfolio, longevity and durability, flawless payment mediaeval, delightful customers, on time access and availability and ease.
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Its functionalities are based on product catalogues, diversified payment options, handiness, reliable and scheduled deliveries, convenient subscription services etc. A profitable and worthwhile unicorn startup whose value is estimated at $12bn.
Northvolt
Founded in Stockholm, Sweden by Peter Carlsson Paolo, Cerruti Harald Mix, Carl-Erik Lagercrantz in 2015. Headquartered in Stockholm, Sweden. Its core objectives include aspects that are eco-friendly battery production, effective way of storing energy, critical research and development methodologies, strategic collaborations , scalable manufacturing and storage capacity and automation and electrification of transport availability.
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A productive and profitable unicorn startup whose value is assessed at $12bn.
The Access group
Founded in 1991 in the UK. Headquartered in Loughborough, England. Specifically deals in designing business management tools. It has achieved competitive advantage due to its estimated core competencies in the field of software development or advancement.
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Industry related knowledge and expertise, cloud based solutions, management of bulk data, established CRM, processes integration, secure, innovative and productive ecosystem for growth. A money making and highly profitable unicorn startup priced at $12bn.