VANCOUVER, July 19, 2018 /CNW/ - Katipult Technology Corp. (TSXV:FUND and FRA:K10) (“Katipult” or the “Company”), an industry leading and award-winning fintech company, is pleased to announce the concurrent opening of offices in London and Los Angeles to accelerate sales growth, and directly support development of these key markets.
Katipult has experienced exponential and promising market demand from both the United States and the United Kingdom during its validation sales period and both markets represent the largest source of new client acquisition as the Company executes its sales strategy.
“We are continuing to build the foundation of our sales and marketing team and we’re doing so in key markets that represent very attractive growth opportunities,” said Brock Murray, CEO of Katipult. “As we’ve previously stated, we’re looking to rapidly expand our sales team with the funds we’ve recently secured and pursue a more aggressive strategy to capture market share.”
Mr. Murray continued, “We’ve added very capable individuals to lead our efforts with strong backgrounds in finance and commodity trading, real estate, as well as large IT infrastructure sales. We’re transitioning from an entirely inbound approach with minimal marketing efforts, to adding a former Director of CGI which does $10 billion CAD in annual revenue and a former private equity and fintech CEO that has overseen a company through 50X revenue growth; this completely changes the dynamic of the organization and we’re very excited about that.”
The Company plans to further expand its team by attracting talent for key positions.