Tech Track 100

Founded in 2002 by Rob Bishop, 63, Optal issues Mastercard-branded payment products to simplify and reduce the cost of business-to-business payments. Its single-use virtual bank account numbers are used by travel, insurance, education and e-procurement companies to make fast, secure payments to suppliers and are accepted at more than 35m locations. Sales, which consist of fees charged, hit £269.6m last year, and helped by a deal with insurance giant Allianz and the acquisition of payment technology company Invapay in 2017. Its operating profits of £30.5m are the highest on the league table.

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Company details
ActivityPayment services provider
LocationCentral London
Average 3 year sales growth65.90%
Latest sales £000s*269,640

If applicable:

* supplied by company † annualised figure