Who Are the Biggest Share Holders Behind Spenda Limited?
Spenda Limited
1 1

Who Are the Biggest Share Holders Behind Spenda Limited?

Post image

Spenda Limited: A Comprehensive Insight into Its Operations and Shareholder Structure

Formerly known as Cirralto Limited, Spenda Limited is a transaction services business that has been making significant strides in the B2B payment services, digital trading software, and integrated solutions sector. Based in North Sydney, New South Wales, Australia, the publicly-listed company brings over two decades of experience to the table, offering a suite of services that cater to the evolving needs of businesses in the digital age.

Spenda's Mission: Transforming Business Transactions

Spenda's primary goal is to aid businesses in transforming their operations through fast, error-free digital efficiency. The company focuses on boosting cash flow across the entire supply chain, offering a connected business solution that facilitates seamless transfer of both operational and financial data between businesses as they engage in buying and selling activities.

Service Offerings: Catering to Diverse Business Needs

Spenda's range of services is designed to address various aspects of business transactions:

Integrated Payment Services: Providing scalable payment solutions to make customer transactions effortless.
On-Demand Lending Solutions: Offering funding solutions to enhance purchasing power and reduce supply chain friction.
Process Automation: Automating invoice management and payment processes to improve cash flow and business growth.

Story Continues.. after this ad because we need some dollarydoos




Data Security: Ensuring secure and compliant payment transactions.

Leadership at Spenda

The leadership team at Spenda plays a critical role in steering the company’s vision and strategy. Adrian Floate, serving as the Chief Executive Officer, along with Dave Wood, the Chief Product Officer, and Richard Jarvis, the Chief Financial Officer, form the core team driving Spenda’s success.

Shareholder Composition: A Glimpse into the Company's Support Base

Spenda's shareholder structure is a blend of various entities and individuals, demonstrating a diverse support base. The Top 20 Shareholders of Spenda hold a significant 24. 49% of shares on issue. Key shareholders include:

Faaf Pty Ltd <Floating Assets A/C>, Rare Air Holdings Pty Ltd, A Razak Group Pty Ltd <A Razak Group Family A/C>, and Davy Corp Pty Ltd <Davy Investment A/C>.
Notable individual shareholders like Andrew Hilton, Ashley Malcolm Stuart Carter, and Adrian Jason Floate & Mrs. Ashleigh Ann Floate.

Key Shareholders: Roles and Contributions

Adrian Floate: Founder and Director of Cirralto, instrumental in the development of Motopia Limited's online portal.
Richard Alan Jarvis: As the CFO, he plays a pivotal role in Spenda’s financial management.
Elite Sky Investment Limited: A Hong Kong-registered entity with a focus on investments.
Dhillon Enterprises Pty Ltd: An Australian private company demonstrating local business support.

Spenda's Strategic Partners: Expanding Reach and Expertise

Spenda collaborates with various entities, like Citicorp Nominees Pty Limited and Spark Plus Pte Ltd, to expand its market reach and enhance its service offerings. These partnerships are integral in Spenda's growth strategy, bringing in expertise and opportunities from different sectors and regions.

Spenda's Positioned for Growth

Spenda Limited, with its comprehensive range of services, experienced leadership, and strong shareholder support, is well-positioned to capitalize on the growing demand for digital transaction solutions. As the company continues to innovate and expand, its impact on the B2B payment landscape is expected to grow, solidifying its role as a key player in the sector.

Promote your business on our growing investor platform: Advertise With Us
Trending