SPENN Rwanda, a prominent fintech industry leader, has joined forces with NOKANDA, an app owned by Hexakomb to enable smartphone users to deposit money from mobile money to SPENN. The strategic partnership aims to empower users with a convenient and efficient way to deposit funds into their SPENN accounts through Nokanda. The integration offers customers an instant, cost-effective, and seamless experience. This development also builds upon SPENN's recent introduction of a fund transfer feature, allowing its users to effortlessly send money from their accounts to any bank in Rwanda as well as mobile money platforms. SPENN’s unwavering commitment to technological advancement and customer-centricity drives it to reshape the financial landscape. By harnessing cutting-edge technologies such as artificial intelligence, blockchain, and data analytics, the fintech firm strives to deliver unparalleled efficiency, security, and convenience to its esteemed customers. Julius Karake, the Country Manager of SPENN, emphasises that their vision is to ensure financial inclusion for all, catering to the banked, underbanked, and unbanked population. He added: “We want to empower everyone to manage their finances, loans, savings, and transactions in a transparent, secure, and honest manner. Collaborating with trusted partners like Hexakomb supports us in achieving this mission. In addition to existing methods of depositing money into SPENN accounts, such as visiting I&M branches nationwide or initiating bank transfers, SPENN users can now leverage the unique Hexakomb integration to experience the most efficient and cost-effective way to transfer funds from Mobile Money into their SPENN account, anytime and from anywhere. The service is available even when users are outside Rwanda, enabling seamless transactions across borders. SPENN remains committed to innovation and continually strives to introduce new products and services that cater to the diverse needs of its customers. Through its customer-centric approach, the firm is dedicated to fostering financial inclusion and providing unparalleled convenience for all. About SPENN Rwanda Limited SPENN Rwanda is an advanced financial platform built into a user-friendly mobile banking app. With SPENN, all users immediately become banked and thereby instantly participate in the digital economy. SPENN has been operating in Rwanda since 2018 in partnership with I&M Rwanda and offers free peer-to-peer money transfers, cost-free savings accounts, and 14-day interest-free quick loans, among others.
