Optal Announces Industry Expert Jonathan Nixon as New European Head of Business Development

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.

This followed previous recognition in the months prior on the Deloitte UK Technology Fast 50 list, the Sunday Times Grant Thornton Top Track 250 list, the FT Future 100 report and many more.

Contact details:

Bradley Eccleshare
Chief Marketing Officer

M +44 0 7525 929198
T +44 0 20 3892 4928

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. Optal’s working capital solution, Invapay, turns underutilised credit lines into a dynamic resource to manage cashflow.

“Invapay” and “Invapay solution” means Invapay Payment Solutions Limited, a private limited company in England and Wales, authorised and regulated as an Authorised Payment Institution by the Financial Conduct Authority under the Payment Services Regulations 2017 which is a wholly-owned subsidiary of Optal Limited.

Talk to us to discover how Optal can add value to your organisation.

General Enquiries: +44 (0)2038 924 928
Invapay Technical Support: +44 (0)3308 387 490

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