Founded by chief executive Alexander MacAngus, 57, and chief strategic officer Richard Smith, 42, in 2010, this firm spent four years on development before debuting its payment processing platform for online retailers. The Guildford-based business also helps clients to increase their credit card acceptance rates worldwide, reducing “basket abandonment”. It operates in 12 currencies, with 80% of sales coming from international markets. Sales, which represent processing fees, were £9.8m in the year to March 2018, and it plans to hit £25m in the next three years.

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.

Company details
Year2018
Rank29
CompanyTrustpay Global
ActivityOnline payment provider
LocationGuildford
Average 3 year sales growth110.45%
Latest sales £000s*9,796
Staff25
Founded2010
Websitewww.trustpayglobal.com

If applicable:

* supplied by company † annualised figure