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9 Spokes to deliver proof of concept for OCBC Bank in Singapore

The company recently crossed the 5000 customers milestone.
9 Spokes has Barclays Bank in the UK as a channel partner

9 Spokes (ASX:9SP) has signed an agreement with Singapore’s OCBC Bank to deliver a proof of concept (POC) of its software platform by late July.

The company’s software helps small and medium businesses (SMEs) connect all their software to one cloud-based dynamic interface, giving them a clear overview of their business.

The business insights dashboard from 9 Spokes is available as a direct model to small businesses and as a white labelled platform that channel partners can offer to their SME customer base.

OCBC Bank is the second largest financial services group in Southeast Asia by assets and has a large number of SME customers.

9 Spokes is aiming to showcase the value of its platform to the Singaporean SME market during the POC, and to guide SME customers in their business growth, beyond traditional banking toolsets.

The company recently crossed an important milestone by signing up 5000 customers for its business insights dashboard.

A key source of the acceleration in user adoption has been from the company’s channel partner Barclays PLC (LON:BARC).

The Barclays channel makes up a substantial proportion of 9 Spokes’ 5,000+ users.

Building on the Barclays’ validation, the company is in discussions with several of the leading banks in North America and Asia.

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