Optal specialises in the creation of single-use credit card numbers that are used by travel, insurance and international education companies to make faster and more secure payments to suppliers. Led by managing director Rob Bishop, 61, the firm saw its sales reach £129m in 2016, helped by the worldwide growth of the online travel market. In April it acquired business-to-business electronic payments solution provider Invapay for an undisclosed sum. Optal is now looking to expand the number of currencies in which it offers payments.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.