Optal Financial Appoints Andy Downes As General Manager

March 1, 2016

London, 1 March 2016:  Optal Financial Limited, one of Europe’s leading virtual card issuers, has appointed Andy Downes as General Manager, effective immediately. Andy is based in Optal’s London office and will focus on driving the growth of Optal’s business in Europe.
 
Andy is a highly experienced banking and payments executive and joins Optal from Raphaels Bank, where he held the role of General Manager, responsible for the Payment Services Division. At Raphaels, Andy worked closely with clients such as Access Prepaid, Think Money and UK Post Office on structuring and introducing new payments products.  
 
Managing Director of Optal Limited, Rob Bishop, said, “Optal is enjoying phenomenal growth in our business and we have expanded our team accordingly. Andy will play a key role in managing our UK based team and working with clients requiring more efficient business-to-business payment solutions.”
 
Optal Financial General Manager, Andy Downes, said “I am delighted to be joining Optal. The success they’ve achieved in disrupting B2B payments and growing globally has been remarkable. I’m excited to help Optal bring their capabilities to new clients and industry verticals.” 
 
Optal Financial’s MasterCard virtual account numbers (VANs) are currently issued in 31 currencies and can be used by clients in over 70 countries worldwide.  
 
 
ENDS
 
 
About Optal
 
Optal is re-inventing how payment processes work across complex industries.  By stripping payment processes of their customary inefficiency, we help companies boost profitability across a growing number of sectors around the world.
 
As a long term strategic partner and a principal member of MasterCard in the UK and Hong Kong, Optal issues and acquires MasterCard branded payment products, driving its focus on developing and bringing to market game-changing payment solutions.
 
Optal holds a 23.5% interest in eNett International, a specialist global travel payments company, and is its primary issuer of virtual credit cards.
 
For more information about Optal, visit www.optal.com

More Press Releases

05 December 2018

eNett crowned winner at 2018 World Travel Awards

Company’s growth and dedication to driving innovation in B2B travel payments sees it named as the World’s Leading B2B Travel Payments Provider

Read more

13 August 2018

A double win for eNett at the 2018 Stevie Awards

Leading travel payments provider takes home Gold for Fastest Growing Company in APAC and Financial Services’ Executive of the Year.

Read more

23 July 2018

ENETT CELEBRATES TWO WINS AT 2018 GLOBAL BUSINESS EXCELLENCE AWARDS

Taking home two gongs at the 2018 Global Business Excellence Awards in the ‘Outstanding Executive’ and ‘Outstanding Customer Service Initiative’ categories.

Read more

28 May 2018

eNett Extends Currency Suite by Eighteen

eNett has just made international payments easier with the addition of eighteen new non-local settlement (NLS) currencies. This brings the comprehensive currency suite to 58, 20 of which offer local settlement.

Read more

11 April 2018

Chargeback enhancements

Chargebacks made even faster and easier with our new enhancements.

Read more

27 March 2018

eNett selects Nepal as the next beneficiary of ‘Repay the eNett Way’ 2018

Nepal announced as the next beneficiary of ‘Repay the eNett Way’ 2018. ‘Repay the eNett Way’ aims to improve the education and career opportunities for underprivileged communities in high tourism growth countries.

Read more

08 March 2018

Making raising chargebacks faster and easier

We're constantly reviewing our processes and making they easier, faster and safer for our customers

Read more

21 February 2018

Fraud costs travel intermediaries a whopping US$21 billion

We commissioned a new global study into fraud in travel payments. It showed travel companies are being highly targeted by fraud, with the total impact of fraud currently costing travel intermediaries nearly US$21B. The research predicts this could exceed US$25B by 2020.

Read more

13 February 2018

eNett International wins Best Digital Payments Programme at the Card & Payments Awards 2018

eNett Virtual Account Numbers scooped Best Alternative or Digital Payments Programme at the prestigious Card & Payments Awards 2018.

Read more

03 January 2018

Record-breaking year for eNett award wins

eNett International, a leading provider of B2B payment solutions for the travel industry, took home eight awards in 2017. These included four International Business Awards, two Global Business Excellence Awards, an International CSR Excellence Award and a TravelMole Award.

Read more

20 November 2017

eNett exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’

eNett International, a leading provider of dedicated B2B payment solutions, exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’ in South Africa. This is part of its “Repay the eNett Way” annual CSR initiative.

Read more

31 October 2017

A look back at ITB Asia 2017

eNett had its biggest ever presence at ITB Asia. Here are the highlights in pictures.

Read more

27 October 2017

eNett voted Best Travel Payment Solution Provider at Travelmole Awards 2017

eNett International wins Best Travel Payment Solution Provider at the Travelmole Awards for the second year. The TravelMole awards are the main award event for the Asia Pacific travel industry to recognise the best web, social, mobile and travel technology deployments.

Read more

26 October 2017

User Interface upgrades coming soon

We’ve been busy building an updated UI to make visibility of your VANs clearer than ever.

Read more

16 October 2017

New self-help portal coming soon....

We're enhancing the eNett Payments Portal so you can make changes fast and easy

Read more

A win for eNett at the 2018 TTG Travel Awards

Company’s growth and contribution to travel industry sees it take home the Travel Technology Company of the Year Award,

Read more

Leading travel payments provider takes home Gold for Fastest Growing Company in APAC and Financial Services’ Executive of the Year.

Read more