Optal, a world leader in optimising B2B transactions, is pleased to announce the appointment of Jonathan Nixon as its new Regional Head of Business Development for Europe, as the fast-growing firm looks to expand its Invapay business in the region.
Nixon brings with him two decades of experience in financial services and payments including stints at Barclaycard, Deutsche Bank, Citibank, JP Morgan Europe and Visa.
His role at Optal will be focused on using this experience and his formidable contacts in the industry to drive growth for the firm’s Invapay business, developing new relationships with partner banks.
Invapay enables firms to use under-utilised commercial credit lines to pay suppliers, even those that don’t traditionally accept cards, thus extending days payable outstanding and maximising working capital.
It’s an innovative approach which is already transforming B2B payments for countless organisations, enabling them to optimise cash flow and streamline payment processes whilst preserving important supply chain relationships.
Nixon is particularly looking forward to rolling his sleeves up at a company quite different to many of the large financial institutions he’s worked at previously.
“I’m relishing the opportunity to work in a close-knit team with some familiar faces. Having worked in large banking groups, I believe Optal’s flexibility and agility will serve it well in the current marketplace,” says Nixon. “This is a hugely exciting time to be joining. In a relatively small team your ability to contribute is great but there’s no room to hide. We have an amazing product with Invapay with fantastic potential to deliver transformative benefits to customers and drive growth for Optal.”
Optal has already started the year strongly, having been placed in the top third of the Sunday Times HSBC International Track 200, a prestigious list of the UK’s mid-market private firms with the fastest-growing international sales.