London UK- 4 May 2017 - RTX a leading telecoms service provider received an initial investment of £6M Growth Capital from BOOST&Co with further committed funding of £40M scheduled for the second half of the year.
Based in London, RTX provides innovative payment and settlement solutions to the global carrier market through the integration of its platform to the cash management software of a AAA bank.
Albert Mackey RTX Chairman said “This investment will enable RTX to expand into new markets and help develop our exciting new product range and services. Boost and Co have a true understanding of our market and I am delighted to be working with them”.
Miles Esfahani RTX CEO added: “We are excited to be able to grow our business to the next stage by providing more great services and destinations to our customers. The BOOST investment will now enable us to enhance our Fast Pay product and significantly scale our development & sales capabilities”.
Lance Mysyrowicz, partner at BOOST&Co, says he is delighted to help the company grow to its next stage. “RTX has a great range of products and services in the wholesale telecoms market. We are very happy to help them expand their product range and their destinations”.
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BOOST&Co (http://boostandco.com/), founded in 2010, provides debt solutions to innovative small and medium-sized enterprises in Europe. We understand innovation and entrepreneurship and we create financing solutions to help SMEs develop. At BOOST&Co we don’t have a fixed lending model. Every one of our loans is individually designed to fit each SME’s needs. We are independent and think independently. This means we only lend where we think the situation is right. We manage our own capital and make our own decisions. Our team is young and entrepreneurial. We’ve all left corporate jobs to work in an exciting and growing company - just like the ones we want to fund. This is our business. We think that’s important because it helps us understand the priorities of our fellow entrepreneurs. It also helps us think clearly and carefully about which businesses to back.
Founded in 2007, and recently placed at number 11 in the Sunday Times Tech Track top 100 of fastest growing technology companies in the UK RTX is the definitive and most secure Global Carrier Exchange for Telecoms operators. RTX‘s public exchange is widely used by the global carrier community whilst its Partner Program has been adopted by some of the largest tier one Telcos.
The RTX platform supports a growing number of pay-as-you-go and post-paid services with members' funds held securely in client accounts by major international financial institutions. The platform and secure banking ensures that members are not exposed to the financial risks that could exist in traditional one-to-one relationships and members have the additional benefit of 24/7 account visibility and real-time fund movements. RTX is revolutionising the wholesale business experience by providing the global clearing house for a variety of voice services.
For more information please visit: http://rtx.routetrader.com/ or follow us on Twitter @Routetrader
London, UK – 5 December 2016 – RTX, the global voice and SMS exchange today announce Miles Esfahani will step up to the role of CEO as Albert Mackey moves into the role of Chairman.
Mackey has over 30 years’ experience in the telecoms industry being the holder of the first simple resale license in the UK. Since then he has built and sold a number of successful telecoms businesses including United Telecom, First National and Interoute. During his 4 years as CEO RTX was recognised as the 11th fastest growing company in the Sunday Times Tech Track 100. As Chairman he will lead RTX investment raise in 2017 and eventual goal of an IPO.
The last 4 years has seen tremendous growth in the RTX business. Revenues have grown exponentially year on year gaining global recognition with the Sunday Time Tech Track 100 and Deloitte UK Fast 50 Tech awards. In order to continue RTX’s growth trajectory for 2017 I need to focus on our investment raising and ultimate IPO plan. By taking up the role as Chairman I can ensure these plans come to fruition.” Albert Mackey, Chairman.
Esfahani, as CEO, will build upon his work as Managing Director where he oversaw RTX growth becoming the leading global exchange for voice and SMS. He began his RTX career heading up the Partner Program growing the division gaining valuable insights into the ever changing dynamics of the wholesale voice market. 2017 is expected to be a huge year in the progress of RTX and this reorganisation will align the management team to fully maximise the opportunity and meet the challenges heads on
“I am delighted to be able to continue my work towards the growth of RTX in my new role as CEO. Having experienced the growth of the company initially within the Partner Program division, RTX’s partner branded switching platforms to global operators I was able to fully appreciate RTX unique selling points and the challenges it faced. Then latterly as MD I was able put this knowledge into effect enabling the growth of RTX. As we move into 2017 the challenge facing RTX will require me to further utilise this insight to focus the company on its core strengths as well as plan out our development road map both for our own exchange as well as for our partner platforms.” Miles Esfahani, CEO
RTX is the global voice, call centre and SMS exchange hub for thousands of telecom operators around the globe. Through its easy to use, scalable and secure portal, our members gain immediate access to global carrier traffic and RTX services designed to support your business growth. Suppliers on the RTX exchange benefit from daily payment facilities and full control of their funds whilst customers use RTX exchange to meet capacity demands and target new, profitable supply. RTX recently ranked for the second consecutive year, in the top 20 of the prestigious Sunday Times Tech Track 100.
In last 22 months, 2.5 billion voice minutes traded on RTX platform, driven by global customer adoption
LONDON, UK – 18 November 2016 – RTX, the global voice, call centre and SMS exchange hub, announced today that it has garnered global recognition for its impressive business growth and innovation, which included ranking number 14th on Deloitte’s Technology Fast 50 league table.
The Deloitte league table ranks the UK’s fastest growing technology companies based on revenue increase over four years, with RTX achieving 1204% growth. In addition to the Deloitte ranking, for the second consecutive year RTX featured in the top 20 (11th) of the prestigious Sunday Times Hiscox Tech Track 100, which also recognises the UK’s fastest growing technology companies. RTX recorded the highest revenue of any company in the top 20 of the league table this year.
RTX’s progress over the last two years alone has resulted in the company becoming the leading voice exchange hub for the telecoms industry. From January 2015 to November 2016, 2.5 billion minutes were traded on RTX’s platform, which is a made up of a community of thousands of operators. RTX Fast Pay, which provides suppliers with faster access to funds when selling voice, call centre and SMS services across the exchange, took the market by storm, accounting for triple digit profit growth since its inception in 2015.
This growth marks the culmination of a period which has seen a rapid expansion of RTX’s customer portfolio, with a total of six major white label customers now trading using its Partner Program. These include household names Deutsche Telekom and PCCW. Since partnering with RTX, Deutsche Telekom has added 150 new customers to its wholesale voice platform – Dynamic Voice Exchange (DVX). The operator recently introduced full smartphone and tablet compatibility, which allows its customers to manage their wholesale voice business with even more flexibility, a trend that is likely to gain traction throughout the industry.
“With the popularity of our Partner Program increasing and the success of our Fast Pay and SMS services, RTX’s growth will undoubtedly continue,” said Alex Mashinsky, Global CEO, RTX. “Ranking in both the Tech Track and now Fast 50 is fantastic recognition of the company’s commercial value.”
Founder of Arbinet and Transit Wireless and a pioneer of VoIP technology, Mashinsky joined RTX in September and will build on the success of the past year, driving the next phase of RTX’s growth.
He added, “RTX continues to play a critical role in enabling operators to securely trade voice and SMS across the globe. Looking ahead, I’m committed to further expanding RTX’s investor relationships to drive growth in 2017, a year in which we expect to hit the $1 billion revenue run-rate mark."
RTX is the global voice, call centre and SMS exchange hub for thousands of telecom operators around the globe. Through its easy to use, scalable and secure portal, our members gain immediate access to global carrier traffic and RTX services designed to support your business growth. Suppliers on the RTX exchange benefit from daily payment facilities and full control of their funds whilst customers can use it to meet capacity demands and target new, profitable supply. For more information please visit: http://routetrader.com or follow us on Twitter @Routetrader.
For more on this release, please contact:
Babel PR for RTX
+44 (0) 207 434 5452
On the 8th September RTX was listed in the prestigious Sunday Times Tech Track 100, ranking as one of the top
20 fastest growing technology businesses in the UK for the second year running. RTX has tripled sales to
an annualised £161.3m – ranking 11th in the table.
Co-founder and sales director Andrew Jacobs commented “We are thrilled to have made the list for two consecutive years; an absolutely fantastic achievement for our business. The introduction of RTX Fast Pay service in 2015 lit the touch paper for the explosive growth of our post-paid customers base, plus the launch of our automated, easy to use platform earlier this year has seen RTX go from strength to strength” …pdf TT100
May 2016, RTX wasted no time in raising its profile again and ensuring its standing as a key player in the telecoms industry by heading to ITW in Chicago with a new trading platform and exciting promotion in tow. RTX launched a new, fully featured voice exchange.. easy to use, simple to navigate and now mobile friendly so you can trade instantly and take advantage of the best rates available, anywhere. With immediate access to thousands of global carriers and more than 150,000 routes available, you can be sure of finding the route you need, at the price and service that you want.
Featuring: Next day supplier payment (RTX FastPay); Powerful search engine; Instant pay by card and PayPal; Live ASR, ACD and usage at prefix level; Real time statistics; Easy to use upload engine; Full reporting; Ability to compare routes and trade in seconds.
May 2016, Following RTX's no.18 ranking in the prestigious Sunday Times Tech Track 100 in September last year. WE ARE REALLY EXCITED ABOUT the Tech Track 100 alumni dinner for entrepreneurs on May 10th. The dinner is designed to both honour the companies on the league table and provide a forum for the leaders of those companies to exchange ideas and experiences. RTX is the highest ranking telecoms company on the Tech Track 100 due its phenomenal and sustained annual growth in excess of 127%.
"The UK is a hotbed of innovation for telecoms, but while smartphone brands and internet players have stolen the limelight over the last few years we have developed a proposition that enables global telecoms operators to increase margin and drive revenue growth from the wholesale exchange of voice services," said Albert Mackey, CEO of RTX.
In November 2015, RTX is to drive global market expansion on completion of debt fund raising.... Press Release PDF
RTX and Deutsche Telekom ICSS join forces to provide Dynamic Voice Exchange (DVX).... Press Release PDF
RTX is listed as one of Britain's fastest growing private tech companies.... Press Release PDF
In April 2015, RTX launched Fast Pay, a service feature that bridges the cash flow gap between carriers buying and selling voice, SMS and data services.... Press Release PDF
On 12th and 13th October, RTX will be attending Carrier Community’s annual Middle East 2016 GCCM in Dubai which will be taking place at the Raffles Hotel on the 12th & 13th October 2016. This Middle East annual global GCCM event has established itself as the exclusive and ideal place to do business while enabling its global and Middle East regional members to get together annually in Dubai one of the main telecommunications hubs.
RTX will take this opportunity to showcase its new, fully featured exchange portfolio including Voice, Call Centre and SMS services. Come and meet us and find out more about our new service and start boosting your profits today!
RTX will be attending the Prepaid Expo 2016 conference in Las Vegas on August 9 – 10 at Planet Hollywood. With nearly 2000 attendees, the Prepaid Press Expo is the place “where people can turn concepts into reality.”
As a leading European software technology company that offers its clients the ability to trade services over a secure billing platform, RTX director Kenny Greb is looking forward to showcasing services and opportunities. For example, RTX members, either prepaid or fully insured post-paid, have real time dedicated client accounts managed by international banks. Also, suppliers on the platform also benefit from RTX Fast Pay and due to the modular nature of the platform we are working closely with a number of partners on new services with current and continued focus on the telecoms sector.
On 28th to 29th of June in Berlin, RTX will be showcasing its Call Centre exchange alongside it’s all new Voice exchange enabling members to target this key growth opportunity. This industry first will be launching at Carrier Community’s Annual 3rd Central & Eastern Europe 2016 GCCM – Berlin at the Adlon Keminski Hotel.
RTX is also Associate Sponsor and host of the Voice & SMS Lounge and will again be collaborating with Carrier Community by providing it’s SMS Sender Lite technology for the event. This tool will be used to broadcast pertinent and time sensitive information to the 450+ delegates in attendance.
Come and meet us and find out more about our new service and start boosting your profits today!
International Telecoms Week (ITW) 2016 in Chicago 8-11th May at the Hyatt Regency and Swissôtel.
ITW is the annual meeting point for the global wholesale telecommunications community and is possibly the most prestigious event in the telecoms calendar. Fittingly, we chose ITW as the launch pad for our new fully featured trading platform and encouraged many new members to sign up with a profit boosting promotion!
RTX attended Carrier Community's 9th Annual Europe 2016 GCCM on 16th to 17th of February at the prestigious Intercontinental Park Lane Hotel in London. GCCM Europe has established itself as the exclusive and ideal place to do business while enabling its global and regional members (from Voice, Data, SMS, Mobile, VAS, Cable, Satellite, Data Centres and other related segments) to get together in one of the main international hubs within the telecommunications industry.
On the 1st December RTX attended the industry’s first Messaging & SMS World Awards, bringing together leading names to celebrate innovation, best customer solutions and excellence in the global messaging marketplace. Held in London at the Grange Tower Bridge Hotel, the award ceremony was held during the Messaging and SMS World’s conference which is the only event uniting the entire messaging industry. Forging stronger collaboration between operators, social networking companies, VoIP apps and aggregators, the event offers global insights into the latest market trends with over 30 industry speakers sharing best practice case studies.
Neil Kitcher, RTX CMO, commented: "It was a great event in terms of attendance by the industry as a whole, providing informative update sessions and networking with peers. RTX were proud to sponsor the outbound texts during the event and look forward to Capacity's 2016 events calendar and SMS & Messaging World."
RTX is pleased to announce its joint shortlisting with Deutsche Telekom ICSS for 'Best voice service innovation' - developed markets at the 2015 Global Carrier Awards. More than 160 entries were submitted for this year’s awards for the shortlist independently marked by a panel of 20 judges, which includes leading analysts, industry experts and Capacity’s senior editorial team. The winners will be announced at the Global Carrier Awards ceremony and gala dinner on November 3 2015 at Capacity Europe’s new home in Paris, France.
The Capacity Europe event is now one of the largest gatherings in the telecommunications industry and with an expected 1,400+ attendees in 2015, the event is recognised as a pivotal and essential meeting point for all businesses with carriers, service providers, ICTs, OTTs, data centres, VoIP providers, vendors and enterprises all in attendance.
Alex Mashinsky, entrepreneur and pioneer of VoIP technology, joins RTX as Global CEO LONDON, UK – 15 September 2016 – RTX, the global voice, call centre and SMS exchange hub, today announced that it has appointed Alex Mashinsky as Global CEO of the company. Read Full Article...
RTX, the global voice, call centre and SMS exchange hub, today announced that it has appointed Alex Mashinsky as Global CEO of the company. Mashinsky has proven his talents in business strategy, investment and technological innovation, backing winning trends within the telecoms industry, having founded companies including Transit Wireless in 2004 and Arbinet in 1996. As Global CEO, Alex will drive continual growth of RTX’s voice and SMS carrier exchange business worldwide, building on the company’s recent success in Europe, where it has just been recognised as the 11th fastest growing tech company in the UK, in the prestigious Sunday Times Tech Track 100. Read Full Article...
Deutsche Telekom ICSS opens new dimension in voice market, Telekom Review, October 2015
Coverage about DT ICSS launch of DVX, Dynamic Voice Exchange. The solution is based on an online platform in cooperation with RTX Routetrader Exchange.
RTX trading platform acts as 'white knight' for smaller suppliers, mobiletoday.co.uk, September 2015
Coverage from Kezia Joseph about the benefits of using the RTX Exchange for smaller mobile companies
Telecoms 'clearing house' now streamlines the trading of voice and SMS, Computer Business Review, September 2015
Coverage from Alex Sword about the challenges facing the telecoms industry that RTX’s technology is solving.
RTX No.18 in Tech Track 100, Sunday Times Newspaper, September 2015
Coverage of the top 100 private technology, digital media and telecoms (TMT) companies in the UK.
RTX launches Fast Pay carrier exchange service, Capacity, April 2015
Coverage of the launch of RTX Fast Pay.
RTX launches Fast Pay carrier exchange settlement service, Telecoms.com, April 2015
Coverage of the launch of RTX Fast Pay.