Spenda Ltd, a software-as-a-service company listed on the ASX All Markets, has recently announced significant changes to its board structure, signaling a strategic shift in its leadership dynamics. On February 23, 2026, the company appointed Irshad Mulla as an Independent Non-Executive Director and James Matthews as Chief Marketing Officer. These appointments are poised to enhance Spenda Ltd’s operational and strategic capabilities, particularly in the realm of digital transformation and marketing.
Irshad Mulla, renowned for his extensive experience in scaling multi-entity organizations and spearheading digital transformation projects, is expected to bring a wealth of knowledge and strategic insight to Spenda Ltd. His expertise is anticipated to be instrumental in navigating the complexities of the global Information Technology sector, particularly within the niche of Hotels, Restaurants & Leisure. Mulla’s appointment underscores the company’s commitment to leveraging digital innovation to streamline business processes and enhance its service offerings.
James Matthews, on the other hand, is set to take on the role of Chief Marketing Officer. His appointment follows a recent director’s interest notice filed by Spenda Ltd, indicating his previous directorship status. Matthews is expected to drive the company’s marketing initiatives, aiming to bolster its market presence and expand its international customer base. His leadership in marketing is crucial as Spenda Ltd continues to offer a range of digital business solutions, including software applications, payment and lending services, and integration capabilities that seamlessly integrate all business processes related to payments.
Despite these leadership changes, Spenda Ltd has not provided additional operational or financial updates. The company’s market cap stands at 16,250,000 AUD, with a close price of 0.003 AUD as of February 23, 2026. The 52-week high and low prices were 0.009 AUD and 0.002 AUD, respectively, reflecting the company’s recent market performance. The ratio price earnings is currently at -0.57, indicating the company’s financial metrics in the context of its industry.
Spenda Ltd’s primary focus remains on delivering software-as-a-service solutions that cater to the global business landscape. Operating internationally, the company continues to serve a diverse customer base, offering seamless integration capabilities that enhance payment-related business processes. For further information about their offerings and operations, stakeholders can visit their website at www.spenda.co or engage with the company through trading on the ASX All Markets.
In summary, the recent appointments of Irshad Mulla and James Matthews mark a pivotal moment for Spenda Ltd, as the company seeks to strengthen its leadership team and drive forward its strategic objectives in the competitive Information Technology sector.
