20NINE TECH AB expands its reach with new subsidiary and office in Nairobi, Kenya

Stockholm, Sweden - May 12, 2023 - 20NINE, the leading SaaS company dedicated to simplifying everyday life for entrepreneurs, is proud to announce the opening of its new subsidiary and office in Nairobi, Kenya. This strategic move aims to capitalise on the company's growing momentum in sub-Saharan Africa and further strengthen its commitment to digitising entrepreneurs with or without a formal business in the region.

By establishing a presence in Kenya, 20NINE is well-positioned to support local entrepreneurs, fostering job creation, contributing to governmental tax income, and ultimately, driving regional welfare. The Nairobi office will play a pivotal role in 20NINE's market expansion and spearhead future growth in the company's focus markets across sub-Saharan Africa.

Andreas Lalangas, Founder & CEO of 20NINE, shares his excitement about the expansion: "We've already onboarded our first team member, who's currently training with our Stockholm team. During Q2, we plan to grow our Nairobi team with senior developers and customer delivery personnel. With a strong sales pipeline, particularly within the segments of mobile payment providers and banks, and an overwhelming interest from talented professionals to join our team, we know we're on the right path to success."

As an innovative SaaS company, 20NINE provides an all-in-one solution for entrepreneurs, empowering them to take control of their financial and business management with ease, regardless of their level of expertise. With this expansion into Kenya, 20NINE reaffirms its dedication to delivering user-friendly, accessible technology that drives growth and revolutionises the way entrepreneurs manage their businesses.

###

For more information, please contact Joachim Cronquist at press@20-nine.com or visit www.20-nine.com.

About 20NINE Tech AB:

20NINE TECH AB is the leading SaaS company dedicated to simplifying everyday life for entrepreneurs. Our superapp is an all-in-one solution designed to empower entrepreneurs to take financial and business control with ease, regardless of their level of expertise. With a user-friendly interface and no IT knowledge required, 20NINE streamlines financial management and business operations, enabling users to make informed decisions and focus on value-added activities. Born with a vision to revolutionise the way entrepreneurs manage their businesses, 20NINE is committed to delivering innovative, accessible technology that drives growth.