SPARK Technology A/S

SPENN foretager nyt strategisk opkøb og køber Norwegian stifter Bjørn Kjos’ aktier i Norwegian Block Exchange (NBX)

ABG Sundal Collier has initiated coverage of SPENN Technology and published its first report and analysis.

Building on the success of bridging the gap between the banked and unbanked population through providing innovative technology and empowering the Zambian people, SPENN Zambia continues to innovate with the launch of the USSD functionality, which will enable feature phone users to experience cost free mobile banking services. With an increase of mobile phone subscribers in Zambia the launch of the SPENN USSD function will enable users with feature phones as well as smartphones to experience free mobile transactions and the benefits of premium mobile banking services. The rapid expansion of mobile phone access to base of the pyramid populations presents an unprecedented opportunity to increase coverage of free digital financial services to this traditionally overlooked market. Moreover, there is currently no available financial services targeting the rural unbanked and banked with zero transactional charges via mobile devices. SPENN provides a new way to increase mobile user satisfaction

A new agreement with Access Bank, operational in 10 African markets, to serve as a significant growth platform for SPENN Technology A/S.