European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent research observatory tracking Europe’s listed growth companies.

Francesco Castellaneta, Full Professor of Strategy and Entrepreneurship, SKEMA Business School – Université Côte d’Azur (GREDEG) · Scientific Committee Diego Zunino and Jackie Krafft

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Annual rank16

Poland · Technology

Cyber_Folks

Provides hosting, omnichannel communications, telecommunications, e-commerce tools and CPaaS services for email and SMS.

+143%revenue growth
FY2022–FY2025
+193%net-income growth
FY2022–FY2025
+355%stock return
FY2022–FY2025
−7%2026 stock return
current context only

Company profile

The layers behind a European online sale

Cyber_Folks is the parent-group story behind a widening European commerce stack. Its own infrastructure business supplies domains, hosting and online-business tools; the wider portfolio adds storefronts, checkout, integrations, back-office operations and customer communications. Shoper and Vercom remain distinct listed companies with their own profiles in this observatory. Here the focus is how the group connects those layers with controlled PrestaShop, Sylius and BitBag businesses, shared data and practical AI assistants.

Merchant journey

One order crosses six technology layers

A shop that looks simple to a buyer can depend on hosting and domains, a storefront and checkout, product and order backends, payment and logistics integrations, an app marketplace, and post-purchase communications. Cyber_Folks maps those pieces as one operating chain. The group does not build every function itself: partner agencies, software houses and integrators extend the platform, while shared infrastructure and data connect the components.

Store engines

Different architectures for different merchants

The group spans three distinct ways to build a store. Shoper supplies a hosted SaaS route; PrestaShop is an open-source platform that merchants and developers can customise; Sylius is a headless framework for more complex, integration-heavy commerce. The latter offers live examples for a standard shop, B2B distribution and marketplace projects. These products should not be collapsed into one generic “store builder”: they address different technical control and complexity requirements.

Scale and economics

The platform grows with the merchant

Cyber_Folks reports more than 700,000 customers across Europe after adding PrestaShop, Sylius and BitBag. Its model mixes recurring subscriptions with commissions and usage-linked revenue, so income can expand as merchants add products, integrations or transaction volume. The PrestaShop transaction widened the group toward France, Spain and Italy and added an open-source platform used by 230,000 active stores; the group reports about €35 billion of annual commerce across its platforms.

Applied AI

An assistant that changes DNS, not just answers questions

Cyber_Mind orchestrates the group's AI agents, while robo_Folks sits inside the hosting panel. A user can ask it to create an email account, inspect or change DNS records, install WordPress, update an SSL certificate or analyse site logs. In Q1 2026 the company said robo_Folks handled about 47% of customer chats, correctly resolved 86% and coincided with a 33% year-on-year fall in chats handled by support teams. Those are issuer-reported operating measures, not an independent assessment.

Current 2026 update

What is changing at Cyber_Folks in 2026?

Cyber_Folks is moving in two directions at once: Shoper is being folded into the parent, while part of Vercom has been sold to create acquisition capacity without what the company considers a loss of control. Inside the operating stack, PrestaShop is being reset and robo_Folks is being tested as a merchant-facing product.

Latest official evidence Vercom transaction tax-accounting update Published 26 August 2026

The change in one sentence

Ownership is being simplified, capital recycled and acquired technology turned into operating products.

The stages matter: shareholder approval is not a completed merger; a shareholder pact and board rights support the issuer's Vercom control assessment but are not 100% ownership; restructuring claims and a plugin test are not yet mature product economics.

Four lenses on 2026

The same four-quadrant format used in the Company profile.

01 · Shoper integration

Two listed companies have approved one legal structure

On 20 July, Cyber_Folks and Shoper shareholders approved a merger that is to transfer all Shoper assets to Cyber_Folks. Shoper shareholders are to receive 3,215,165 newly issued ordinary Series F shares. The release says the Group's solutions are already used by more than 700,000 customers. Approval opened the route to the merger; no completed asset transfer or merger registration was disclosed through 28 August.

  • Current signalMerger approved · 3,215,165 Series F shares planned
  • Why it mattersThe structure is intended to bring product development, AI investment and European expansion under one listed parent, but execution remains a separate legal step.
  • Shoper merger approval Cyber_Folks · 2026-07-20

02 · Capital recycling

Cyber_Folks raised cash from Vercom without declaring an exit

Cyber_Folks sold 4,340,305 Vercom shares at PLN 120 each for PLN 520,836,600 on 2 June. A 1 July pact with Vercom's founders covers participants who collectively control about 41% of shares and votes; citing that pact, rights to appoint two of five supervisory-board members and other factors, Cyber_Folks concluded in its assessment that control was retained and full consolidation would continue. It also bought almost 253,000 shares from the founders for about PLN 30 million. A 26 August filing reports an auditor-required change to the H1 presentation of tax on the sale, not a change in the total transaction tax.

  • Current signalPLN 520.8m sale proceeds · about 41% shareholder pact
  • Why it mattersThe group has released capital for further acquisitions while preserving a governance link to Vercom; continued control and full consolidation remain the issuer's stated accounting position.
  • Vercom share sale Cyber_Folks · 2026-06-02
  • Vercom shareholder pact Cyber_Folks · 2026-07-01
  • Vercom tax-accounting update Cyber_Folks · 2026-08-26

03 · Operating the stack

Sylius operators are resetting PrestaShop while robo_Folks moves toward merchants

Q1 materials say Sylius owners took operational control of PrestaShop, began restructuring, improved terms with a strategic payments partner, renegotiated at-risk contracts and introduced new Marketplace cooperation rules, with early cost and efficiency effects reported by the issuer. Separately, Cyber_Folks says robo_Folks handled about 47% of customer chats and its resolution-success rate rose to 86%, while human-support chats fell 33% year on year. Since March, a website plugin has been in testing; subscription or upsell is a proposed commercial model, not a disclosed launch.

  • Current signalPrestaShop consolidated from February · robo_Folks website plugin in test
  • Why it mattersThe operating playbook is becoming visible: expertise from one commerce platform is used to reset another, while an internal AI assistant is tested as a product for merchants' own visitors.
  • Q1 strategy and AI report Cyber_Folks · 2026-05-20
  • robo_Folks technical actions Cyber_Folks · 2026-03-27

04 · What to watch

Three questions for the next disclosures

Three questions separate approved structures and issuer claims from completed integration and observable product economics.

  • Shoper completionWhen are the Shoper asset transfer, merger registration and Series F share issue completed?
  • Vercom controlDoes the H1 report confirm continued full consolidation and clearly separate the one-off tax presentation from ongoing operations?
  • Product economicsDoes the issuer disclose durable efficiency gains at PrestaShop, and does robo_Folks move from plugin testing to paid merchant adoption?

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY202516+143%+193%+355%