Moneybookers has developed technology that enables any business or consumer with an email address to send and receive payments online securely and cost-effectively. The London firm claims that 14m people use its service and that 60,000 internet merchants, including eBay and Skype, offer it as a payment option. The private equity house Investcorp took a 51% stake in 2007 when it backed a €105m buyout led by joint chief executives Martin Ott and Nikolai Riesenkampff. Sales grew 108% a year from £4.8m in 2006 to £43m in 2009.
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