When you make a payment or set up a direct-debit over the telephone or the internet, the chances are that the software that validates your payment has been developed by Rugby-based Eiger Systems. It provides software and services to validate banking, credit card and biller details. Customers include some of Britain’s top banks, insurers and energy suppliers. Founded in 1997 by Callum Johnston and Hiten Kantelia, the company has boosted its sales 102% a year from £576,000 in 1999 to £2.4m in 2001.
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