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Spenda Ltd (ASX:SPX) has made great strides in its commercialisation collaboration with Capricorn Society Limited, processing the first Digital Services Delivery (DSD) production platform and processing its first eCommerce Partner transactions.

The company has already secured $990,000 in development fees since the collaboration with Capricorn began and is now receiving recurring monthly software-as-a-service (SaaS) income of $100,000.

First revenues from the SwiftStatement commercial launch also began on November 4 – SPX is working with the Capricorn Sales and Marketing team to commercialise the product, on track for minimum revenue of $1 million for the December quarter.

Read full article via Proactive Investor. 

Spenda progresses Capricorn initiatives with Digital Services Delivery and SwiftStatement now commercial