The ranking is determined by growth in revenues between the years 2012 and 2015, with only those companies generating revenues of at least €100,000 in 2012 and at least €1.5m in 2015 qualifying.
Kambi reported revenue of €19.1m in 2012, and €47.7m in 2015, an increase of 150%.
The Financial Times said of the list that innovative and fast-growing companies are the driving force of the European economy in the 21st century, generating jobs and sustaining Europe’s competitiveness.
Kambi CEO Kristian Nylén commented: “To be named among Europe’s fastest growing companies by a publication as prestigious as the Financial Times is a real honor and further evidence of Kambi’s position as sports betting’s premium and secure choice.
“I would like to thank every member of our hardworking team. Without their talent and dedication, this would not have been possible.”