How Nektan is gearing up for rest of world growth following restructure

Following its half year update to December 2019, Nektan’s CEO Gary Shaw spoke with Proactive London about its future following the company restructure in January.

In this six month period, the business-to-business (B2B) division’s revenue was £787,000 – a rise of 153.1% versus the preceding six months’ total of £311,000.

Shaw said that Nektan‘s future is about continued growth, with targets expected to be met over the next five to six months.

“Mobile is becoming more relevant in emerging markets.”

Nektan’s B2B arm is currently dealing with over 30 sites, with the African market very strong and Asian market growing very well too, he said.

He added that both Japan and Kenya specifically are seeing good growth. They are also live in Latin America, though it’s not as big as in Africa or Asia.

In the first quarter of 2020, Shaw said another 20 new Nektan sites would be launched in these emerging markets.

The “very interesting scaleable software business” would then have a total of about 50 rest of world partner sites by the end of March.

Watch the full video interview below.

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