Monday, 26 August 2019 11:56

9Spokes inks agreement with Bank of America Featured

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9Spokes inks agreement with Bank of America Image IndypendenZ, FreeDigitalPhotos.net

Australian-listed New Zealand company 9 Spokes has entered into a formal contract with Bank of America to provide the US bank’s customers with access to a white-labelled platform for an initial period of three years.

9 Spokes (ASX:9SP) says the platform will provide the bank’s SB customers with a holistic view of their finances, including integrated key third party solutions that owners need to manage their businesses.

Adrian Grant, Co-Founder and CEO of 9 Spokes said: “Working with a large American Bank and bringing our SB Platform to the largest and most entrepreneurial economy in the world has been a key part of our vision at 9 Spokes.

“So, today marks a major milestone in delivering on that vision and we could not be more delighted that Bank of America is working with us on this journey.”

Grant says go-to-market goals had been achieved, and the company would now broaden its sales effort and scale 9 Spokes which had set out with the “ambitious goal of establishing a global presence from which to scale”.

“The company is achieving this by partnering with dominant brand banks in each of its target markets (US/Europe, UK, Asia and Australasia).

“With Bank of America now on board, the strategic foundation for this strategy has been well and truly cemented and positions 9 Spokes exceptionally well to broaden its sales efforts to other SB banks by capitalising on a strong pipeline of interest and to scale the business as the leading data insights platform globally.”

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