SPENN: Cost-free payment services launched in Rwanda

Blockbonds together with I&M Bank Rwanda Ltd proudly announces full product rollout of SPENN.

SPENN is a mobile banking app powered by I&M Bank Rwanda Ltd, covering both personal and business accounts.

All services through SPENN are cost-free.

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

SPENN also offers a cost-free business solution, which is a free point-of-sale solution to anyone selling goods and services, by upgrading to a SPENN+ user.

Anyone who holds a smartphone can instantly register with SPENN. The registration only requires phone number, name and NIDA (National Identification Agency) number.

Mr Jens Glaso, CEO of Blockbonds and SPENN, is proud of being the first actor in digitalizing the national currency of Rwanda.

“We believe Rwanda will be an example on how an effective and structured decision-making process drastically can benefit a nation’s economy, and at the same time help people to take the first step out of the cash society,” Mr Glaso said.

“I&M Bank Rwanda Ltd is a proud pioneer in supporting and bringing Rwanda closer towards a cashless economy. We truly believe that SPENN will transform the way Rwanda currently transact, and increase efficiency and prosperity for the Rwandan population,” CEO of I&M Bank Rwanda Ltd, Mr Robin Bairstow said.

With a population of 12 million people, having fast and affordable internet access, Rwanda is a mature market, with anticipation of a high rate of adoption for the product SPENN.

About Blockbonds AS
Blockbonds is a Norwegian fintech company with a clear mission to contribute to global financial inclusion for vulnerable and marginalized populations, through its product called SPENN.
The team consists of over 100 people who are working in the field on a daily basis, and through advocacy and awareness raising, aim to help the 2 billion people who have limited or no access to financial services.
Blockbonds’ vision is to create a world where everyone can manage their savings, payments and investments in an honest, transparent and secure way.
Blockbonds has chosen to focus initially on the African and Asian markets of operations – primarily in markets where the unbanked population is vastly represented, with viable technical infrastructure to support the product and where trust for mobile payments are, to varying degrees, socially accepted and welcomed.
Blockbonds has created a pan-global model, with which everyone in the world can access financial services equal to those in more developed markets, completely free, by utilizing the security and transparency of blockchain technology.
Contact:
Jens Glaso, CEO & Founder
jens@blockbonds.io   //   +47 40 40 47 50
www.blockbonds.io
www.spenn.com

About I&M Bank Rwanda Ltd
Established in 1963, I&M Bank Rwanda Ltd (formerly – BCR) is a leading Financial Services Provider with a regional presence in Africa.  In Rwanda, the company’s product offering includes Retail Banking, Business Banking, Corporate and Institutional Banking. The Bank has a proven track record in pioneering innovative financial services and supporting the Republic of Rwanda’s strategy for Financial Inclusion.
Contact:
https://www.facebook.com/imbankrwanda/
https://twitter.com/imbankrw
https://instagram.com/imbankrw
Tel: +250 788 162 006 , +250 252 595 200
Fax: +250 252 573 395
Call Center Tel: 3227.

Attachment

Kotoko join race for ZCPL title with victory over Aduana

Kumasi – Kumasi Asante Kotoko S/C shrugged off stiff challenge from Aduana Stars to record a 2-1 victory over the visitors in a Zylofon Cash Premier League (ZCPL) match day 15 top-liner at the Baba Yara Stadium, Kumasi, on Sunday.

The results leave the Porcupine Warriors in the fifth position on 24 points, three points adrift of league leaders, Medeama F/C, and a development seen by the club’s followers as very encouraging given the recent transfer of some of its key players.

Burkinabe import, Sogne Yakuba, voted ‘Man of the Match’, shot the Porcupine Warriors into the lead in the ninth minute, scoring from a free-kick to inspire the homers to victory.

He went ahead to torment the Aduana defence with his daring moves, and at a point in time, Coach Yussif Abubakar’s charges had to resort to rough play in order to contain the striker.

Aduana rallied strongly fifteen minutes to end the first half in search of the equalizer.

Taking control of the midfield, the likes of Elvis Opoku and Bright Adjei fired from all angles, but goalie Felix Annan was to the rescue of the Porcupine Warriors.

Kotoko’s Yakuba hit a brace two minutes into the second half to put the game beyond the lads from Dormaa.

Bright Adjei would reduce the goal deficit for the visitors with a 65th minute strike, as his shot took a deflection of Kotoko’s Wahab Adams to enter the net.

Source: Ghana News Agency

Kotoko join race for ZCPL title with victory over Aduana

Kumasi – Kumasi Asante Kotoko S/C shrugged off stiff challenge from Aduana Stars to record a 2-1 victory over the visitors in a Zylofon Cash Premier League (ZCPL) match day 15 top-liner at the Baba Yara Stadium, Kumasi, on Sunday.

The results leave the Porcupine Warriors in the fifth position on 24 points, three points adrift of league leaders, Medeama F/C, and a development seen by the club’s followers as very encouraging given the recent transfer of some of its key players.

Burkinabe import, Sogne Yakuba, voted ‘Man of the Match’, shot the Porcupine Warriors into the lead in the ninth minute, scoring from a free-kick to inspire the homers to victory.

He went ahead to torment the Aduana defence with his daring moves, and at a point in time, Coach Yussif Abubakar’s charges had to resort to rough play in order to contain the striker.

Aduana rallied strongly fifteen minutes to end the first half in search of the equalizer.

Taking control of the midfield, the likes of Elvis Opoku and Bright Adjei fired from all angles, but goalie Felix Annan was to the rescue of the Porcupine Warriors.

Kotoko’s Yakuba hit a brace two minutes into the second half to put the game beyond the lads from Dormaa.

Bright Adjei would reduce the goal deficit for the visitors with a 65th minute strike, as his shot took a deflection of Kotoko’s Wahab Adams to enter the net.

Source: Ghana News Agency

BECE candidates warn not to cheat

Yendi (NR) – A total of 1,999 candidates made up of 1,094 boys and 905 girls from 36 Junior High Schools are writing the Basic Education Certificate Examination (BECE) in Seven Centres in the Yendi Municipality.

The centres include; Yendi Senior High School, Dagbong State Senior High Technical School, Yendi Primary school and 7As College of Science and Technology.

There are seven supervisors, 67 invigilators, and eight police officers at various centre.

Alhaji Hammed Abubakari Yussuf, the Yendi Municipal Chief Executive who addressed the candidates before the start of the examination warned the candidates not to cheat during the examination by involving themselves in examination malpractices.

He urged them not to send foreign materials into the examination hall because anyone caught with such materials would be arrested and prosecuted.

Alhaji Hammed warned the teachers not to attempt to enter the examination hall to teach the candidates as they would also be dealt with according to law when caught in any form of malpractices.

He appealed to them not to disappoint the Municipality because last year their colleagues did well and two of them from Abatey and SDA JHS qualified for the President’s Award and hoped they would make it and wish them good luck.

Mr Nelson Aborigia the Yendi Municipal Director of Education indicated that the candidates were going to compete with other candidates for placement into the Senior High School and reminded them that West African Examination Council had machines to detect examination malpractices and any centre cheated would have its papers cancelled.

He advised them to read their questions well before they starting to write and abide by all WAEC regulations on the examination question papers.

The first examination paper English 2 Essay started at 0900 hours and was followed by English 1 objective and Religious and Moral Education 1 objective for the day.

There were enough materials for the examination.

Some of the candidates complained that the answer booklets were small without supplementary sheets.

Source: Ghana News Agency

BECE candidates warn not to cheat

Yendi (NR) – A total of 1,999 candidates made up of 1,094 boys and 905 girls from 36 Junior High Schools are writing the Basic Education Certificate Examination (BECE) in Seven Centres in the Yendi Municipality.

The centres include; Yendi Senior High School, Dagbong State Senior High Technical School, Yendi Primary school and 7As College of Science and Technology.

There are seven supervisors, 67 invigilators, and eight police officers at various centre.

Alhaji Hammed Abubakari Yussuf, the Yendi Municipal Chief Executive who addressed the candidates before the start of the examination warned the candidates not to cheat during the examination by involving themselves in examination malpractices.

He urged them not to send foreign materials into the examination hall because anyone caught with such materials would be arrested and prosecuted.

Alhaji Hammed warned the teachers not to attempt to enter the examination hall to teach the candidates as they would also be dealt with according to law when caught in any form of malpractices.

He appealed to them not to disappoint the Municipality because last year their colleagues did well and two of them from Abatey and SDA JHS qualified for the President’s Award and hoped they would make it and wish them good luck.

Mr Nelson Aborigia the Yendi Municipal Director of Education indicated that the candidates were going to compete with other candidates for placement into the Senior High School and reminded them that West African Examination Council had machines to detect examination malpractices and any centre cheated would have its papers cancelled.

He advised them to read their questions well before they starting to write and abide by all WAEC regulations on the examination question papers.

The first examination paper English 2 Essay started at 0900 hours and was followed by English 1 objective and Religious and Moral Education 1 objective for the day.

There were enough materials for the examination.

Some of the candidates complained that the answer booklets were small without supplementary sheets.

Source: Ghana News Agency