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”
Bradley Eccleshare, Director of Marketing at 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.