New company at Introduce - SPENN Technology

Today ABG Sundal Collier sponsored research initiates coverage of SPENN Technology. Read the full report here!

SPENN Technology - Mobile banking for the people

SPENN Technology is a mobile banking firm currently targeting Sub-Saharan markets. It seeks to drive financial inclusion by offering free-of-charge mobile banking services to end users, creating a financial ecosystem with multiple revenue streams from banking partners, third-party service providers and local businesses. SPENN can then capitalise on banking both the unbanked and banked population, without it being at the expense of the end users. Through its offering, it provides users with essential services e.g., digital spending and savings accounts, P2P money transfer and value-added services to consumers, POS, marketplace, and payment solutions etc. for businesses.