Optal specialises in the distribution of single-use virtual bank account numbers used by travel, insurance, education and eprocurement companies to make fast, secure payments to suppliers. Led by managing director Rob Bishop, 61, sales doubled to £129m in 2016, helped by the 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.

Company details
Year2017
Rank219
CompanyOptal
ActivityPayment services provider
LocationCentral London
Sales £m*129.1
Operating profit £m*9.8
Main shareholders

Management (45%), other investors (55%)

Staff38
Founded2005
Websitewww.optal.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda