Spenda executes sale agreement for Invoice Finance business

PERTH: Spenda Limited (ASX:SPX), an innovative software company providing software and electronic payment solutions, announced on February 24, 2025, that it has agreed to sell its Invoice Financing portfolio to Grapple Invoice Finance Fund Pty Ltd for $2 million, subject to portfolio performance. The sale will result in the release of $2.3 million in first-loss…