09 Apr

Optal Officially Named One of UK’s Top 20 Fastest-Growing Private Companies

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Monday, 9 April 2018, London:

Optal, a world leader in optimising B2B transactions, is delighted to announce it has been placed 18th in the latest Sunday Times BDO Profit Track 100.

Now in its 19th year, the long-running league table ranks the country’s private companies with the fastest growing profits over the past three years.

With Profit Track 100 companies achieving an average profit growth of 77%, it’s another important recognition of the huge strides Optal has made in a short space of time.

Profit Track 100 companies are also providing an increasingly important economic lift to the nation, generating profits which totalled £1.1bn in 2016/17, and adding 20,000 employees over the period to reach a cumulative total of over 52,000.

The latest high-placed ranking comes on the back of similar industry recognition for Optal over recent months.

In December, Optal was placed 65th in the prestigious Deloitte Technology Fast 500 rankings as one of the fastest-growing tech firms in the entire EMEA region.

Also last year, Optal was named on the Sunday Times Grant Thornton Top Track 250, the Sunday Times Hiscox Tech Track 100 list, and the inaugural FT1000 list of Europe’s 1,000 fastest-growing companies.

“Optal is reshaping the way companies think about B2B payments by stripping out cost and inefficiency they may not even know is there,” says Bradley Eccleshare, Director of Marketing, Optal. “We’re delighted to be recognised as one of the country’s fastest-growing private sector firms. It shows that our mission to make payments work for our customers is really making a difference.”

The Optal Virtual Account Number (VAN) solution automatically generates 16-digit, single-use, Mastercard numbers to enable fast, simple and secure payments in industries as diverse as travel and insurance.

 

Contact details:

Bradley Eccleshare

Director of Marketing

Optal Limited

+44 (0)20 3892 4928

+44 (0)7525 929198

bradley.eccleshare@optal.com

 

About Optal Ltd

Optal is re-inventing how payment processes work across complex industries.  By stripping payment processes of their customary inefficiency, Optal helps companies boost profitability across a growing number of sectors around the world.

Optal issues Mastercard branded payment products, driving its focus on developing and bringing to market, game-changing payment solutions.

For more information about Optal, visit www.optal.com

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Regulatory Information


Optal Limited is registered in England & Wales No. 5531282. 17 Moorgate, London, EC2R 6AR.

Optal Financial Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Register Number: 900112) for the issuing of electronic money.

Optal Asia Limited is licensed in Hong Kong as Stored Value Facility Issuer (Licence number SVF0006), regulated by the Hong Kong Monetary Authority.

Invapay Payment Solutions Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009 (Register Number: 631411) for the provision of payment services.

Optal Financial Limited, Optal Asia Limited and Invapay Payment Solutions Limited are wholly owned subsidiaries of Optal Limited.

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