AccessPay, the provider of payment automation and business intelligence, has confirmed its plans for rapid expansion following substantial year-on-year growth. The company predicts a growth trajectory of 400% for 2015, its strongest to date, and plans to significantly increase its workforce by the end of the year.

AccessPay, an early adopter of new technology and innovation in the payment and cash management sector, was founded in 2012 and now serves nearly 300 corporates and financial institutions including Barclays, Regus and The Co-operative. The company also recently confirmed its commitment as one of the first vendors to provide aggregation services for the Faster Payments New Access Model.

The firm is headquartered in Manchester’s iconic City Tower and is upbeat about Manchester’s potential to flourish as the UK’s next major fintech hub. With access to a strong talent pool and the city expected to outpace Berlin, Paris and Tokyo for job creation over the next five years, AccessPay are confident in their growth strategies for 2015 and beyond.

Ali Moiyed, Founder of AccessPay, explains: “The last three years have seen AccessPay go from strength to strength. With a strong team in place and following the recent appointments of Anish Kapoor as CEO and John Wordley as Head of Sales, we’re confident about growth prospects for the remainder of the year, in both domestic and international markets. As we scale up and explore global opportunities, Manchester and the UK’s position as burgeoning fintech hubs will stand us in good stead. The future’s bright for AccessPay and Manchester’s fintech scene.”

Anish Kapoor CEO, will be taking part in a panel discussion at the Innovate Finance “FinTech in Manchester” event exploring the city's accomplishments as a thriving fintech hub on 30th September 2015, at the Barclays Escalator. Speaking alongside other key industry figures, including VC Eileen Burbidge, UK Treasury's Special Envoy for FinTech, Anish will be discussing what modern fintech firms are doing to disrupt incumbents, why they choose to locate in Manchester and where innovation in this space is aimed.