Fintech and Blockchain- Banking the unbanked with Spenn. Financial inclusion for the unbanked. How are the unbanked being brought into the financial system across the planet. What technologies are making this happen and who is driving this. We talk with Mitch deYoung the CPO of Spenn. You can learn more about Spenn here:
The world is changing on many fronts with fintech and blockchain driving much needed change for people who are very limited by not having financial services most of us take for granted. In 2014, the idea of SPENN evolved through a vision of giving equal financial opportunities to population of 2 billion unbanked globally, through a digital representation of fully backed local currencies using blockchain technology.
By utilizing blockchain technology, Spenn have created an advanced financial platform built into a user-friendly mobile Banking app, in which everyone can manage their savings, payments and investments in an honest, transparent and secure way.
Through SPENN, cash societies can be eliminated through the adoption of their Mobile Banking App, which is operating with full reserve in a bank account. SPENN offers a variety of services cost free, simple and instant. SPENN is a world-wide product, with its primary markets in Asia and Africa, where access to financial services is limited.
*This not paid promotion