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Warsaw-based Spoko app nabs €5 million to expand its money transfer app internationally

Today Polish startup Spoko.app, a fintech operating in the international money transfer market, has nabbed €5 million from its strategic investor FinTech Ventures S.A. The COVID-19 pandemic has resulted in a significant acceleration of the development of the instant cash transfers market. Money can currently be transferred through Spoko.app from 32 to 45 countries, through a convenient mobile app. We believe in the team that forms Spoko.app and we shall support it in implementing this ambitious plan”, said Ivan Hanamov, President of FinTech Ventures S.A. Our ambition is to change the money transfers market and we have an idea about how to do that”, he added.

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