Ann: Investor Presentation, page-146

Solid summary Cozza!

Spenda's rapid success with Carpet Court is truly impressive, marking a significant shift in consumer payments within a short timeframe. The company's focus on resolving key pain points in the business value chain, particularly in dispute management, is a smart differentiator at this stage in the game in my opinion. Achieving a 13% share in just weeks,compared to the previous 9% over 11 years, underscores Spenda's effectiveness.

The strategic emphasis on network acquisition and the ability to facilitate small businesses to buy like larger entities demonstrate a keen understanding of market dynamics. The diversified revenue streams and partnerships with entities like Airplus showcase a forward-thinking approach to scaling operations and will pay dividends in the future.

The plans for international expansion and entering the financial services sector, beginning with Singapore, indicate a promising trajectory and one that certainly excites me. The completion of the Capricorn DSD initiative and partnerships with major automotive brands further solidify Spenda's position.

The lack of a first loss requirement in agreements with Agrichain and Airplus, leveraging European banks for funding, highlights the trust and recognition Spenda has and contimues to gain on a global scale.

As Spenda navigates its expansion and initiative objectives, the company's resilience and strategic approach indicate a positive outlook for continued success in the evolving landscape of digital payments and business connectivity globally.