Norwegian Block Exchange, with the founder of Norwegian Bank and Norwegian Airways Bjørn Kjos as the majority owner, and SPENN Technology, have signed the agreement that will generate remittance payment for SPENN and give NBX access to the African market through the SPENN connect product. The partnership enables users to transfer money instantaneously in what will become the most prize competitive remittance solution. Norwegian Block Exchange has a customer base throughout the Nordics and beyond.

Headquartered in Oslo, NBX is registered with the Financial Supervisory Authority of Norway. NBX's goal is to make cryptocurrency widely available and let anyone take part in secure, efficient, and user-friendly services based on blockchain technology. The partnership between NBX and SPENN Technology also allows for users of either platform to purchase and sell crypto currencies across geographical regions.