Optal officially Europe’s seventh fastest growing company
Global B2B payment solutions provider and virtual card specialist Optal is delighted to announce it has been placed seventh on the inaugural FT1000 list of Europe’s 1,000 fastest growing companies.
Compiled by the Financial Times and market analyst Statista, the list is the result of many months of research, during which more than a million outstanding European enterprises were appraised.
To be placed seventh in such auspicious company is an outstanding achievement for Optal and recognition of the tremendous success of Optal’s payment solutions in the global B2B payments space.
Optal’s focus has always been on optimising B2B payment processes.
Optal does that primarily through its core offering: A Virtual Account Number (VAN) payment solution that automatically generates single-use Mastercard numbers to facilitate quick and easy payments, accepted wherever Mastercard is online.
Through this and other innovative solutions, Optal has been able to reinvent how payment processes work across a number of complex industries, including travel and construction.
For Optal customers the results have been outstanding, helping them reduce risk, improve reconciliation, and boost profits and payment efficiency.
Optal might have been named seventh on the FT1000 list, but the firm has its sights set firmly on continuing its stellar growth.
Optal expects to soon complete the acquisition of innovative B2B payments business Invapay, which will help significantly expand its capabilities to offer organisations a one-stop-shop for corporate B2B payables needs.
Optal also recently teamed up with fast growing e-trading platform provider Open ECX, in a move, which will help efforts to expand in the B2B construction market.
Rob Bishop, Optal’s managing director and chief executive, said: “We’re delighted to have been placed seventh on the prestigious FT1000 list. It’s yet another sign of the tremendous value Optal is offering customers across a growing range of industries and recognition of the hard work put in by our global team and our strong relationships with our key business partners.”
Andrew Downes, Optal general manager, added: “While we’re thrilled with this milestone, we’re looking forward to continuing our growth by applying our innovative solutions for customers in an ever-growing range of sectors.”
