9 Spokes International Ltd (ASX:9SP) is exploring a potential global opportunity with Visa to make the 9 Spokes platform and business app Marketplace available to Visa’s small business issuing clients and their SMBs.
The company, which provides leading marketplace and performance insights to small businesses, has signed an addendum to the Collaboration Framework Agreement announced earlier this year with Visa USA. Inc.
9 Spokes along with Visa and its bank clients have a shared interest in providing leading-edge technology to SMBs.
Featured at conferences
The company’s capabilities will be featured on the Visa conference exhibition stand at the Singapore FinTech Festival 2019 from November 11 to 15.
They will also be included during Visa presentations at the Small Business Banker conference in Los Angeles next week.
9 Spokes Co-Founder and CEO Adrian Grant said: “The opportunity to explore this potential collaboration with Visa and feature the 9 Spokes platform at the upcoming Singapore FinTech Festival and the American Banker Small Biz: Banking Conference is an exciting prospect for 9 Spokes.”
Shares up 24%
Shares have been up as much as 24% to an intra-day high of 2.6 cents.
9 Spokes is a business tracking and insights tool that enables SMBs to harness the power of their data to improve performance.
SMBs can connect their cloud software to the 9 Spokes platform and use the Tracker tool to get a comprehensive, near real-time picture of how they’re performing across the metrics that matter most – so they can make quick, sharp decisions that impact growth.