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1,000,000

Users
and counting

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3M+

Transactions

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US$15M+

Transaction volume

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4 Markets

Tanzania, Rwanda, Zambia & Philippines

OUR MISSION

BANKING THE UNBANKED

To give everyone equal financial opportunities through innovative technology.

WHY SPENN

WHAT SETS US APART

OUR VISION

To empower people through innovative technology whilst perfecting the balance between
impact and profit

OUR VALUES
  • Passion
  • Respect
  • Integrity
OUR PURPOSE

Create an inclusive financial ecosystem that will unite the unbanked with the banked

OUR GOALS
  • Adapt, Develop & Improve
  • Banking the Unbanked
  • Create Sustainability

STOCK DEVELOPMENT

NUMBERS AND TICKERS

STOCK CHART

NAME
BLOCKBONDS GLOBAL PLC
ISIN
ISIN GB00BFZ63Y28 / 10438321
STOCK EXCHANGE
XETRA
18.120
FRA
16.680
PREVIOUS DAY
– 0,380
– 2,05%
+ 0,740
+ 4,12%
DATE TIME
16.03.21
11:46
16.03.21
11:57
BID/ASK SPREAD
18,060/ 18,140 18,100/ 18,220
CHANGE OF PRICE IN %
1 MON.
25,12% 25,12%
3 MON.
+ 11,17% + 15,59%
1 YEAR
+ 241,89% + 259,23%
TURNOVER IN €
159,055 3,263.50
ISIN DK0060827269
Market First North GM Denmark
Symbol SPENN

FINANCIAL, LEGAL AND OTHER DOCUMENTS

Here you can find the last published financial, legal and other documents

THE LATEST NEWS AND EVENTS

KEEP YOUR FINGERS ON THE PULSE

SPENN Technology A/S: Portfolio company JengaX will apply for listing on Euronext NOTC

SPENN Technology A/S: Portfolio company JengaX will apply for listing on Euronext NOTC

SPENN Technology A/S has been notified by portfolio company JengaX that JengaX will apply to be listed on Euronext NOTC in Oslo. SPENN Technology has responded positively to such a listing.

Investor News 6/22 

Subject to the valuation of JengaX in a listing process, JengaX is expected to be valued in the range of NOK 375-650 million. SPENN Technology owns 45,89 per cent of the shares in JengaX.

SPENN Technology was made a large owner of JengaX because of a de-merger of subsidiary Blockbonds AS in 2021. Following the de-merger, SPENN Technology planned to transfer JengaX shares to the shareholders of SPENN Technology, but due to legal limitations on specified dividends, SPENN Technology has not been able to make such transactions.

“Immediately after we received information about the potential listing of JengaX, we started the process of enabling shareholders in SPENN Technology to become shareholders in JengaX,” says Bård Bjerkås, Chief Legal Officer of SPENN Technology.

“Pending interest, we will do our utmost to enable shareholders in SPENN Technology to also be shareholders in JengaX prior to the listing of JengaX on the Euronext NOTC,” says Jens Glaso, CEO of SPENN Technology.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Bård Bjerkås, CLO SPENN Technology A/S. Phone: +47 918 05 913, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

SPENN Technology A/S: Joint venture agreement accelerates SPENN’s entry into Nigeria

SPENN Technology A/S: Joint venture agreement accelerates SPENN’s entry into Nigeria

A joint venture with a key Nigerian governmental body will greatly accelerate the penetration of SPENN products and services in the largest African market.

Investor News 5/22

Today, SPENN Nigeria – a subsidiary of SPENN Technology A/S – has signed an agreement to enter into a joint venture with the Nigerian National Agency for Science and Engineering Infrastructure (Naseni). The joint venture, to be named Naseni SPENN, will build a full-fledged digital eco-system for disbursements.

“This is a game-changer for us in Nigeria,” says Jens Glaso, CEO of SPENN Technology A/S.

“We are thrilled by the opportunities presented to SPENN because of this agreement. As a result, entry and distribution of SPENN services and products will be greatly accelerated in the most populous country on the great African continent,” says Glaso.

In Investor News 4/22, published on 7 June 2022, SPENN estimated that an entry into Nigeria could take 1 to 2 years.

“Following today’s agreement with Naseni, we expect to be operational in Nigeria in 6 to 12 months,” says Karl-Anders Grønland, Chairman of the Board of Directors of SPENN Technology.

The Nigerian National Agency for Science and Engineering Infrastructure (Naseni) is a governmental body created to amongst others establish and nurture an appropriate and dynamic science and engineering infrastructure base. The goal is to achieve home-initiated and home-sustained industrialization through the development of relevant processes, capital goods and equipment necessary for job creation, national economic well-being and progress. 

SPENN will provide Naseni with a digital disbursement solution for them to disburse certain national pension funds, agricultural and manufacturing disbursements as well as social intervention solutions.

The agreement was signed in Oslo, Norway today by Executive Vice Chairman of Naseni, Professor M. S. Haruna and Mr. Grønland.

According to the agreement, SPENN shall retain 70 percent of the joint venture Naseni SPENN, while Naseni shall retain the remaining 30 percent of the company.

Nigeria is the most populous country in Africa with an estimated 216 million people. At the current growth rate, Nigeria is adding approximately five million people to its population every year.

“We will work relentlessly to make Nigeria a huge market for SPENN. We are keen on exploring the opportunities for SPENN products and services in this great nation, and we are pleased to have come one step further in Nigeria. Building on experiences and results in our current markets, we are now able to plan a roll-out with larger public disbursement partners,” says Glaso.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

SPENN Technology A/S: Signed agreement for SPENN to enter Nigeria

SPENN Technology A/S: Signed agreement for SPENN to enter Nigeria

SPENN Technology is preparing an entry into the largest country and market in Africa: Nigeria.

Investor News 4/22

Today, SPENN has entered into an agreement with the intention to establish a company that will offer SPENN products and services in Nigeria.

“Our intention is to build a Nigerian SPENN organization to penetrate the largest market on the African continent,” says Jens Glaso, CEO of SPENN Technology.

Nigeria is the most populous country in Africa with an estimated 216 million people. At the current growth rate, Nigeria is adding approximately 5 million people to its population every year.

“We will work relentlessly to make Nigeria a huge market for SPENN. We are keen on exploring the opportunities for SPENN products and services in this great nation, and we are pleased to have started the process of entering Nigeria. Building on experiences and results in our current markets, we are now able to plan a roll-out with larger public disbursement partners,” says Glaso. 

SPENN operations in Nigeria will be set up as a joint venture with Nigerian partners. SPENN Technology will have 70 per cent ownership of SPENN Nigeria.

When the joint venture is established, it will search for an appropriate bank partner and apply for approval from the Central Bank of Nigeria and other relevant Nigerian authorities. 

“This could take 1-2 years, but we hope that our local partners will be able to speed up the process,” says Karl-Anders Grønland, Chairman of the Board of SPENN Technology.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

SPENN Technology A/S: Signed agreement with Rwandan company for governmental services and payments

SPENN Technology A/S: Signed agreement with Rwandan company for governmental services and payments

SPENN has entered into an agreement with Irembo in Rwanda to enable Irembo to pay commissions to their agents via SPENN business services.

Investor News 3/2022

Irembo offers payment processing for land services, car and motor services, health services and much more to the Rwandese public, generating annual revenues of more than 8 billion Rwandan francs. Payments can be made via bank transfer, credit cards, cash, and mobile money either online or at designated Irembo agents. SPENN is working towards being added to the list of payment channels.

“Our intention is to integrate Irembo in the SPENN app, making it possible for end-users to pay for any governmental service offered via Irembo,” explains Jens Glaso, CEO of SPENN Technology.

Irembo has a network of approximately 6,000 agents throughout Rwanda which is of interest to SPENN.

“We are onboarding Irembo agents as SPENN users, which allows them to receive payments for their services via SPENN,” says Glaso.

A pilot with a group of 30 Irembo agents has been launched where these agents are onboarded to SPENN in order to receive commission payments from Irembo via SPENN. Pending the evaluation of the pilot, a scale-up to include all 6,000 Irembo agents is already planned together with Irembo.

“We would also like to have Irembo agents add SPENN services to their list of offerings,” says Glaso.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

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SPENN Technology A/S: SPENN and Mastercard Partner to Boost Digital Inclusion in Africa

SPENN Technology A/S: SPENN and Mastercard Partner to Boost Digital Inclusion in Africa

Partnership with Mastercard will connect SPENN Mobile Wallet users to a global online marketplace, enabling them to make safe e-commerce payments

Investor News 9/22

SPENN and Mastercard have today announced a strategic partnership that will enable SPENN Mobile Wallet users – even those without bank accounts – to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions. 

Under the agreement, SPENN will launch a Mastercard virtual card, giving its Mobile Wallet App customers new ways to access and pay for products and services at the millions of e-commerce merchants that accept Mastercard.

With a Mastercard virtual (non-plastic) payment solution linked to SPENN Mobile Money wallets, consumers and small businesses can make payments to local and global online brands and can pay at over 15,000 Kazang devices in Zambia. This means e-commerce transactions can be done instantly through mobile wallets for a wide variety of payments including travel, entertainment subscription services, and bill payments while ensuring that the customer’s financial data is always secure and private.

“We are extremely proud to partner with Mastercard. To have a world-leading payments technology company give such recognition to SPENN, is both exciting and humbling,” says Jens Glaso, CEO of SPENN Technology. “The partnership also supports SPENN’s strategy to enable more efficient and seamless payments online, boosting financial inclusion.”

This partnership will help Mastercard advance its worldwide commitment to financial inclusion and pledge to bring a total of 1 billion people, 50 million micro and small businesses, and 25 million women entrepreneurs into the digital economy by 2025.

Vincent Malekani, Country Manager for Zambia and Malawi at Mastercard, says: “We are pleased to collaborate with SPENN to bring more safe and seamless payment experiences to their customers. Fintech’s play a critical role in enabling the digital economy and hence are a critical partner for us to drive the financial inclusion agenda forward.”

The SPENN-Mastercard virtual card will be rolled out in 2023, initially in Zambia and then across other African markets including Rwanda, Tanzania, and Nigeria.

SPENN’s relationship with Mastercard started in 2021 when SPENN Technology entered and won the Mastercard Lighthouse MASSIV program. A year later, SPENN was selected to participate in Start Path Crypto, Mastercard’s blockchain-focused startup engagement program providing access to partnership opportunities, insights, and tools to grow.

About SPENN
SPENN Technology A/S (Limited) is a fintech company providing digital banking and payments services through its Software-as-a-Service (SaaS) solution, the SPENN platform. SPENN is an advanced financial platform built on blockchain technology which drives financial inclusion through superior mobile banking applications and empowering businesses through payment solutions. SPENN Technology A/S is listed on Nasdaq First North Growth Market in Denmark.

About Mastercard (NYSE:MA) 
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. www.mastercard.com.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Mastercard: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

SPENN Technology A/S: SPENN’s Nigerian joint venture is ready to move

SPENN Technology A/S: SPENN’s Nigerian joint venture is ready to move

Recently incorporated, NASENI-SPENN Limited is now officially live and ready to do national disbursements on behalf of the Nigerian Government.

Investor News 8/22

NASENI-SPENN is a joint venture between the Nigerian National Agency for Science and Engineering Infrastructure (NASENI) and SPENN Technology. NASENI-SPENN has been established to deliver a co-branded disbursement tool and consumer app specifically for salaries, pension payouts, social intervention, manufacturing, and agricultural subsidies. NASENI is run by the Nigerian government and its Board of Directors is chaired by the President of Nigeria.

SPENN Nigeria, a fully owned subsidiary of SPENN Technology A/S, has a 70% stake in NASENI-SPENN and NASENI has a 30% stake.

Drawing on extensive experience of developing and deploying financially inclusive solutions, SPENN will license their existing SPENN Flow product to NASENI-SPENN which will enable government agencies to transfer subsidies to targeted beneficiaries directly to their NASENI-SPENN mobile Wallet. This is expected to significantly lower costs of governmental payments while at the same time earn income from products and value-added services into the NASENI-SPENN app. At scale this will be a significant revenue for NASENI-SPENN and indirectly to SPENN Nigeria and SPENN Technology A/S.

NASENI-SPENN is targeting three segments; Government agencies that wish to disburse salaries, subsidies and pensions, banks which have a stake in the Nigerian payments landscape, and recipients of such public schemes. Phase 1 is set to launch in February 2023 – in time for the upcoming Nigerian General Elections with a rollout to 10 million recipients soon thereafter. Currently, approximately 80 million citizens receive some type of disbursement.

“NASENI-SPENN is a game-changer for SPENN in Nigeria. It will greatly accelerate the penetration of SPENN products and services in the largest African market,” says Jens Glaso, CEO of SPENN Technology A/S.

For people to receive their disbursement, they will be required to download and use the NASENI-SPENN app, or through USSD from their feature phones.

“In record-time, Nigeria will be a dominant market for SPENN products and services. Recurring government payments make for a highly captive audience that will not only use our app but also be very interested in learning more about other financial services from SPENN,” says Glaso.

The SPENN digital disbursement tool is based on a technology initially developed for a United Nations project in 2018, where SPENN assisted in providing distributed financial relief to refugees in refugee camps.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

June 2021 Valuation reports: English version

Availability of two valuation reports concerning SPENN Technology A/S, dated 29/06/2021, in English

The attached valuation reports concerning SPENN Technology A/S, dated 29/06/2021, which were published alongside the company’s latest Company Description (available here: https://investor.spenn.com/wp-content/uploads/2021/10/Company-Description-SPENN-FINAL-kopi.pdf) on pages 92-99 are now available in English.

https://investor.spenn.com/wp-content/uploads/2022/10/Vurderingsberetning-20.853.705-aktier-ENG.pdf

https://investor.spenn.com/wp-content/uploads/2022/10/Vurderingsberetning-3.194.980-aktier-ENG-1.pdf

SPENN Technology A/S: Remittance opens new revenue streams for SPENN

SPENN Technology A/S: Remittance opens new revenue streams for SPENN

SPENN Technologies has entered into an agreement with payment company Spoko to offer instant international money transfers to 136 countries via SPENN.

Investor News 7/2022

“This is great news for all current and future SPENN users. We are adding remittance, which is in great demand and a huge global market, as a SPENN service. This will increase the attractiveness of the SPENN app, and it will generate revenue for SPENN,” says Jens Glaso, CEO of SPENN Technology.

According to the agreement between the two parties, SPENN Technology will receive 70 per cent of all revenues generated through this partnership.

Spoko is a fast-growing payments company providing instant international money transfers worldwide, targeting the 1.7 billion unbanked consumer market with mobile phones but no bank accounts. This is, of course, the same market SPENN is targeting with a goal of financial inclusion.

Established in 2019, Spoko has more than 850,000 customers, of which 65 per cent are in Nigeria and Ukraine. Being one of the few remaining international money transfer companies in the war-ridden Ukraine, Spoko has decided to offer free money transfer to all Ukrainians. 

Spoko is fully owned by the Swedish company Global Direct Partners.

“We are excited to partner with SPENN to get access to more African markets. We consider ourselves a perfect match with SPENN, as we can offer them a new service and SPENN can help us to expand our customer base,“ says Global Direct Partner owner Anders Holmstedt.

“This partnership opens new revenue streams for SPENN. We have been keen on entering the remittance market for some time, and we believe partnering with Spoko is a great way of doing it. Diaspora transfers to Africa are very expensive, and it is our goal to offer instant transfers to SPENN at competitive prices,” says Glaso.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. Phone: +45 33 45 10 00, www.bakertilly.dk

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

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SPENN Technology A/S: Notification of transactions by persons discharging managerial responsibilities and persons associated with them

SPENN Technology A/S: Notification of transactions by persons discharging managerial responsibilities and persons associated with them

Pursuant to the EU Market Abuse Regulation, SPENN Technology A/S hereby reports transactions made in SPENN Technology A/S by persons obliged to report on transactions to the Danish FSA and to Nasdaq First North Growth Market Denmark.

Company Announcement No. 89 

The transactions are based on the same conditions as the original share swap agreement between Blockbonds AS and SPENN Technology A/S in June 2021, which was at a ratio of 1 to 99 (that is 1 Blockbonds share to 99 SPENN shares). 

On these conditions, JAC Invest AS, owned by CEO at SPENN Technology A/S Jens Glaso, has purchased 16,184,817 shares for DKK 0.10 per share. The purchase results in a total holding of 511,103,177 shares of SPENN Technology A/S by JAC Invest AS.

Also on these conditions, Janus Invest AS, owned by CLO at SPENN Technology A/S Bård Bjerkås, has purchased 19,441,123 shares for DKK 0.10 per share. The purchase results in a total holding of 128,166,431 shares of SPENN Technology A/S by Janus Invest AS.

Mandatory transaction reports for the Danish FSA (Finanstilsynet) are attached to this announcement.

See attachments for details.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. 
Phone: +45 33 45 10 00, www.bakertilly.dk/

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

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CONTACTS

Investor
[email protected]
[email protected]
+47 40 40 47 50

Certified Advisor
Baker Tilly Corporate Finance P/S
Gert Mortensen, Partner
+45 33 45 10 00
www.bakertilly.dk

CEO of SPENN Technology A/S
Jens Glasø
Njalsgade 76, 2300 København S
CVR nr. 26518199

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