SPENN

SPENN

Providing mobile banking and payment solutions to users.

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$3.4m

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
DKK20232024
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

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More about SPENN
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SPENN is a financial technology company that has developed a mobile application aimed at promoting financial inclusion for unbanked and underserved populations, primarily in emerging markets. The company provides a digital financial platform that enables users to perform real-time transactions, including sending and receiving money, at no cost.

Built on blockchain technology, the SPENN application offers a secure and robust system for managing personal finances. Users can manage savings, make payments, and access investment opportunities directly from their mobile devices. The platform serves both individual consumers and businesses, providing a comprehensive financial solution that digitizes cash-based economies. By partnering with banks in its operating regions, SPENN can integrate its services with the traditional financial system, allowing for a wider range of financial services. The business model focuses on creating a cashless society and generating revenue through value-added services and partnerships rather than transaction fees.

Keywords: financial inclusion, mobile payments, blockchain, fintech, emerging markets, digital wallet, unbanked, payment platform, financial services, Africa

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