SPENN: An Innovative and Cost-Free Payment Solution Launched in Tanzania

SPENN is a mobile banking app powered by I&M Bank Tanzania Ltd, covering both personal and business accounts. Mr. Jens Glaso, CEO of Blockbonds and SPENN, is proud to enter another African market, after a successful launch in Rwanda in 2018.

By downloading the cost-free SPENN mobile banking app, anyone can get a bank account, cost-free. Every user can perform money transfers, payments in stores, and cash-out and deposit at any I&M Bank Tanzania Ltd branch throughout Tanzania completely cost-free.