Optal, a world leader in optimising B2B payments, is pleased to announce its inclusion on the prestigious Sunday Times Grant Thornton Top Track 250 list for the second year in a row.
Now in its 14th year, the Top Track 250 lists the UK’s private mid-market growth companies with the biggest sales. Entrants are required to meet a strict set of growth and profitability criteria and must have operating margins in excess of 2%.
The latest accolade sees Optal rubbing shoulders with well known brands including Travelodge, Trainline and Dr Martens.
“We’re all thrilled here at Optal for yet more industry recognition of our continued growth. Our mission to optimise legacy processes, streamline payments, and strip away cost and inefficiency is really striking a chord with the market,” said Andrew Downes, General Manager, Optal.
“Legacy B2B payments can cost firms millions in administrative overheads, bank charges and fraud, but it doesn’t have to be that way. Optal is pioneering a long-overdue wave of fintech innovation in the industry to transform the way CFOs view supplier payments.”
Optal’s Virtual Account Number (VAN) platform offers single use, 16-digit account numbers to help buyers pay suppliers in a highly secure, automated and user-friendly manner. Optal’s Invapay business extends this value by enabling organisations to use credit cards to pay suppliers that don’t accept cards: thus, extending their DPO and optimising working capital.
Optal’s listing on the Sunday Times Grant Thornton Top Track 250 follows several similar accolades over recent months.
These include places on the FT’s inaugural Future 100 list, and the FT 1000 list of Europe’s fastest-growing companies for the second year in a row. Other listings include the Sunday Times Tech Track 100, the Deloitte Technology Fast 50 and the EMEA-wide Deloitte Technology Fast 500.