External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Spoko and Sumsub team on secure money transfers 6 hours ago Source: Spoko Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security. Through this partnership, Spoko.app will fortify fraud protection and reduce user verification time down to one minute - all in efforts to support the 1,7 billion adults worldwide with no access to bank accounts. Spoko.app is a Warsaw-based global instant money transfers fintech that enables expats to send money to their home countries using local payment methods. Spoko.app has already 500.000 users who can receive money in 50.000 locations either through bank accounts, credit cards, e-wallets, or in cash. Spoko.app works transparently, because its users immediately know the transaction costs. To make these transfers more accessible, Spoko.app doesn’t charge a commission fee for transfers to Nigeria, Ukraine, Brazil, and Turkey.