Financial technology provider OKTO has strengthened its commercial team with the appointments of Ignacio García del Frade and Dimitar Shopov as country manager Spain and business development manager respectively. 

In his new role, García del Frade is set to lead the company’s Spanish operations and help build its client portfolio in the local market, whereas Shopov will take responsibility of securing key partnerships in the gaming, retail and financial industries as well as driving OKTO’s  commercial strategy.

Simon Dorsen, Director of Gaming at OKTO, said: “The talent we have in our company continues to grow and it is fantastic to see our team expand internationally with individuals that we know will play a major part in OKTO’s journey.

“Ignacio and Dimitar both bring valuable knowledge, skills and expertise to their respective roles and we are positive they will continue to drive our commercial success and business growth.”

Frade, whose experience and network of contacts in the local gaming industry look set to aid the accelerating of OKTO’s growth in the country, joins the financial technology provider from Win Systems, where he successfully accomplished the first installation of Wigos casino management system at several Spanish operators as business development manager. 

García del Frade added: “I am delighted to be joining the OKTO team at such a pivotal point in its journey and am looking forward to delivering results in the Spanish market.

“OKTO’s suite of payment applications for the betting and gaming sector will deliver real value for operators in terms of building customer acquisition and retention, and I believe its business in Spain will go from strength to strength.  

Shopov also brings a broad range of experience to the new role, having previously proven his project management skills throughout his time as partner manager at Edentix, as well as in the role of sales director for specialist payment and technology companies including Cashflows, Skrill and IBM.

Shopov concluded: “I have been incredibly impressed not only with OKTO’s fast and seamless mobile payment technology but also with its value-added services that will significantly enhance the customer experience both in online and retail environments.

“I’m excited to be working with my new talent colleagues to help drive the business forward and cement its position as the go-to mobile payment provider for gaming.”