9Spokes poised for growth off the back of increased interest in SMB digitalisation
The company is pursuing several market opportunities to leverage its platform into core banking applications to facilitate loan origination and loan management. Cash balance at the end of the March quarter was $9.27 million.
9Spokes International Ltd (ASX:9SP) experienced strong pipeline growth in the March quarter off the back of its regional sales focus, which incorporates direct sales teams and partners.
This strategy has already resulted in a strengthened direct and partners sales pipeline with a number of opportunities at varying stages – including five qualified opportunities.
During the quarter the company announced a Framework Services Agreement with Clydesdale Bank Plc, a subsidiary of Virgin Money UK PLC, and a first Statement of Work to determine project scope for a working capital health proposition.
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9Spokes Ltd signs framework services agreement with Virgin Money
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