Sifted, the FT-backed media site for Europe’s tech scene, has named Copper as the fifth-largest growing fintech in Europe during 2021.

Sifted leveraged data from LinkedIn and Dealroom to rank the fastest-hiring fintechs of 2021. To avoid the results being skewed by tiny teams with significant hires, Sifted said that it focused solely on post-seed fintechs which have raised over €50m.

Dmitry Tokarev, CEO at Copper, commented: “Thanks to the explosive growth of digital assets this year, the financial system is in the process of shifting into a new era. It's gratifying to know our work in this fast-paced sector is attracting curious, passionate and talented individuals from a broad range of industries to join our team and help build the infrastructure for the future of finance.”

Amy Breeds, Head of People at Copper, said: “Copper is excited and honoured to be recognised by Sifted as one of Europe’s fastest growing technology firms. Crypto is a force that has clearly entered a new phase of its evolution. In the year ahead, we look forward to continuing to attract top talent to join our team and help us better serve the rapidly growing number of institutional investors operating in this space.”

Despite the crypto sector having faced a difficult year due to regulatory uncertainty in Asia and other major markets, Copper continued to hit major milestones throughout 2021.

Significant global growth followed the completion of an extended USD $75m funding round in June 2021, led by Alan Howard and venture capital firms Dawn Capital, Target Global, Illuminate Financial Management, LocalGlobe and MMC Ventures. In August 2021, we announced the launch of our US East Coast office, with plans to launch in Asia already underway. Former Chancellor of the Exchequer, Lord Hammond of Runnymede, also notably joined the firm in October as a Senior Adviser.