Glasgow-based technology firm ClassForKids has processed over £11.1 million online transactions in the last 18 months along with growing rapidly from just five to 23 people in less than a year.
The firm’s cutting-edge online booking and payment system for the children’s activities industry has already attracted some impressive investors, including the founder of Café Nero and the founder of Photobox, the online photo printing company.
With an impressive list of mainstream clients in the children’s activities sector, from clubs and classes to coaches and leading franchises, ClassForKids’ online booking platform is also used by more than 300,000 parents nationwide, to organise and pay for children’s activities.
Nikki Th’ng, entrepreneur and co-founder of ClassForKids, attributes the company’s recent expansion to solving real life problems, “Quite simply, we are solving real problems for real people. Whether that’s clubs and coaches wanting to speed up payments or keep on top of registrations, or parents struggling to manage their children’s various activities each week, our platform makes life a lot easier for them both. If we can stay relevant and keep focused on developing the right technologies that really make the difference, we’ll continue to grow because the market is substantial.”
Read our interview with Nikki Th’ng here – [insert page=’founders-series-nikki-thng-ceo-and-co-founder-of-classforkids’ display=’link’]
The company has created the foundations for scaling the business and can now confidently support clients from an individual coach to the largest children’s franchise network.
Th’ng explained: “Working with leading children’s franchises such as Tumble Tots has been fantastic for us because our system and support team have been designed to support large numbers of business owners and high volumes of parents from the outset.”
With clients in New Zealand and strong prospects in India and China, the Scottish-based firm is also keen to take strategic steps to internationalise its business over the coming months.
Pablo Ettinger, investor and founder of Café Nero believes the company has real global potential: “ClassForKids is a remarkable business with a very sticky and recurring revenue model. It has a great team behind it and an inspirational leader, plus the market is vast and continues to grow worldwide, so the potential to become a global leader in this field is a very real possibility; investing wasn’t a difficult decision.”
Th’ng concluded: “Seeing the business grow so quickly has been hugely exciting, but that has been down to the hard work, passion and quality of our team. We understand that growth needs focused planning and execution as well as a solid and robust team culture at its heart. The next big step for us is to help our customers to grow their own businesses via our platform, using the power of their own networks.”