On 23 August, Increasor signed a letter of intent with Fintech Ventures SA, which is the main owner of the British fintech company Spoko.app.
According to the letter of intent, the parties intend to enter into a cooperation regarding the marketing of Spoko.app in Sweden and other unprocessed markets and to assist with various corporate service-related functions. The letter of intent, which was signed on Monday, will yield an agreement no later than the end of September.
“It feels good that Spoko.app has intentions to work with us to grow even more in the Nordic market. Spoko.app is a fintech company that in a short time has created a large user base globally and we look forward to helping them grow further in a market we have a good grasp of ”. – says Mattias Ahlberg, operations manager at Increasor Corporate Services.
Spoko.app specializes in sending money quickly across national borders. The company was founded in 2017 and the service was launched during the first half of 2020. Since May 2020, the company has grown to a user base of just over 600,000 users, which makes the company one of Europe’s fastest-growing fintech companies in money transfer.
About Increasor Tech Invest
Increasor is an incubator that focuses mainly on technology and digital tech solutions. What makes Increasor unique is that Increasor works as an integrated business partner in every project. Increasor provides all the necessary skills needed when facing the next challenge with either a startup or a company that will take the next big step.