About Spenn
Spenn is a company based in Kristiansand (Norway) founded in 2015.. Spenn operates in a competitive market with competitors including MoneyGram, Vipps, CarePay, mCash and Blockbond, among others.
- Headquarter Kristiansand, Norway
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Blockbonds As
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$3.03 M (USD), Post-IPO
Dec 21, 2022
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Investors
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Employee Count
Employee Count
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Funding Insights of Spenn
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $3.0M
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First Round
First Round
(21 Dec 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Post-IPO - Spenn | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Spenn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spenn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spenn Comparisons
Competitors of Spenn
Spenn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Vipps, CarePay, mCash and Blockbond, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Mobile app for easy payments, money transfers, and business integrations.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Affordable, stylish luggage is manufactured for business and leisure.
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| domain | founded_year | HQ Location |
Mobile banking services and cost-free transfers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spenn
Frequently Asked Questions about Spenn
When was Spenn founded?
Spenn was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Spenn located?
Spenn is headquartered in Kristiansand, Norway. It is registered at Kristiansand, Agder, Norway.
What does Spenn do?
Spenn was founded in 2015 in Kristiansand, Norway, as a fintech company focused on digital wallet solutions for consumers. Money transfers to contacts are enabled, along with payments at various locations. Earnings opportunities are provided through user invitations or agent roles. Nearby cashiers can be located for withdrawals, and debit cards are available upon request for ATM access. Operations center on secure, everyday financial transactions in the region.