Cinkciarz.pl named the largest Polish private company and ranked 4th among all Polish enterprises

Cinkciarz.pl, a company belonging to Conotoxia Holding, was ranked 4th in the latest edition of the Wprost's List of 200 Largest Polish Companies 2021, moving up four positions compared to 2020. It also became the highest-ranked private company with Polish capital for another time in a row.

The financial portal found at cinkciarz.pl and conotoxia.com provides access to currency exchange, money transfers, multi-currency cards, multi-currency lending services, online payments and transactions on the Forex market. The award of 4th place among all Polish companies and another first position among private enterprises in the "Wprost" ranking is a result of record financial results in 2020.

Last year, the value of foreign exchange transactions increased by more than 30% compared to 2019, reaching 6.44 billion USD (24.5 billion PLN). In the money transfer category, turnover increased by 87% year-on-year in 2020, the number of transactions jumped by 38%, and revenue grew by 37%. Forex transactions achieved a 6-fold increase in turnover, and revenue rose by 362% year-on-year. In 2020, the value growth of Conotoxia Pay transactions was 209% year-on-year, while the revenues of the in-house online payment system for online stores increased by 231% year-on-year.

"The financial results and this high position in the prestigious ranking of "Wprost" clearly show that we are heading in the right direction. We continue to grow in every segment, and above all - which makes me even happier - users appreciate our products and services as well as ingenuity. However, we do not intend to slow down the pace. In fact, we plan to speed up," says Marcin Pioro, CEO of Cinkciarz.pl, a company belonging to Conotoxia Holding.

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