🌍 Our Commitment to the SDGs
At Spenda, we believe financial access is a right, not a privilege. Our innovative voucher distribution platform helps communities unlock access to essential goods and retail vouchers, locally and globally creating real impact where it matters most.
No Poverty (SDG 1): We provide underserved families with the tools to access everyday essentials, reducing financial exclusion and empowering economic participation.
Zero Hunger (SDG 2): By making groceries and household necessities easier to obtain through vouchers, we support food security and help families thrive.
Reduced Inequalities (SDG 10): Our platform breaks down barriers, giving individuals across all income levels the dignity of choice and equal access to services.
Responsible Consumption & Production (SDG 12): By replacing paper coupons with digital vouchers, we cut down on waste, promote sustainability, and encourage smarter, more conscious consumption.
With Spenda, every voucher redeemed is more than a transaction, it’s a step toward dignity, sustainability, and shared prosperity.
What is FinTech?
FinTech, short for Financial Technology, is the use of digital innovation to deliver financial services in smarter, faster, and more inclusive ways. From mobile banking and digital wallets to blockchain, crowdfunding, and artificial intelligence, FinTech is transforming how people and businesses send, save, borrow, and invest money.
FinTech Market Highlights
Global Growth: The FinTech industry has grown from under $1 billion in investment in 2008 to a multi-billion-dollar sector today, with exponential growth continuing year on year.
Europe Rising: Europe is the fastest-growing FinTech region, with London leading the way as a global hub.
UK Example: The UK FinTech market alone contributes over £20 billion annually, with peer-to-peer lending, mobile payments, and digital banking leading the charge.
Innovation Drivers: Growth is powered by mobile commerce, blockchain technology, cloud computing, and the increasing demand for digital-first financial solutions.
Why FinTech Matters
Financial Inclusion: Giving millions of people access to money services where traditional banks cannot reach.
Efficiency & Cost Savings: Reducing costs for businesses and customers while speeding up transactions.
New Opportunities: Creating fresh business models in payments, lending, data analytics, and wealth management.
Global Impact: Governments and investors worldwide see FinTech as a critical engine for economic growth and innovation.
Spenda Timeline and Achievements
Shaping the Market Offering
The Spenda team has leveraged market-leading insights to refine its innovative products and services. These insights have been pivotal in shaping Spenda’s offering, ensuring its relevance and impact in emerging markets.
Focus on Emerging Markets
Spenda is dedicated to developing products that provide real-world solutions and drive significant impact in emerging markets. With this mission, the team has been actively working on launching and testing payment products in the South African market.
The Voucher Revolution with Spenda Scan to Pay
In 2023, Spenda launched its first product to market: Spenda Scan to Pay. This groundbreaking digital voucher is linked to a phone number, empowering users to pay for goods and services seamlessly. The introduction of this product marked the beginning of the “Voucher Revolution.” For more details, visit the voucher store.
Business-to-Business Solutions
Spenda also focuses on offering tailored, cost-effective solutions to businesses. These solutions span a variety of services, including Rewards and Loyalty program disbursements, employee incentives, payment acceptance, and white-label offerings. Through these innovations, Spenda continues to redefine business operations and customer engagement in emerging markets.