Financial Inclusion for Everyone
There are 1.7 billion people across the world who use cash as their only means of transaction and are excluded from the day to day benefits of e-commerce. They have been forgotten or ignored by large banks and card providers.
SendSpend is a socially responsible organisation and committed to enhance and uplift the lives of people in underserved local communities. Digital Inclusion is a primary focus in achieving one of the UN’s Sustainable Development Goals and SendSpend is very proud to be part of this very ambitious goal.
Reduce Global Poverty
Research shows that having access to financial inclusion can increase the living standards of a household by up to 30% and crucially, lift them above the poverty line. SendSpend’s primary mission is to make mobile access available and affordable to everyone.
Improve Freedom of Financial Markets
SendSpend is a disruptor in the financial markets. The global reach of SendSpend’s technology eliminates the frictions caused by multiple participants in the flow of funds across the globe and in so doing improves the speed and cost of transactions, passing this on to the consumer and the eMerchants.
Eliminate the Need For Cash
We believe that all products and services should be paid for using electronic funds. SendSpend is tirelessly working with E-merchants across the globe to allow customers to pay using their SendSpend eWallet.
SendSpend Limited is a Fintech company headquartered in London, United Kingdom with operations in South Africa and India. SendSpend Holdings (Pty) Limited, registered in South Africa, is an authorised Financial Service Provider (FSP# 50673). SendSpend promotes financial inclusion of the unbanked through the SendSpend Payment System, a global, multi-currency, peer to peer payment system connecting merchants, consumers, and cash in/out services via a series of API’s, Payment Gateways and Smart Phone Apps. The SendSpend App’s are currently only available on Android.
SendSpend Limited, registered in the United Kingdom, is licensed and regulated by the FCA under the Electronic Money Regulations 2011 as an Electronic Money Institution (EMI) No. 932841