I concur, great announcement that illustrates true momentum. Great that future growth is being diversified.
I think the shorter implementation is crucial here, if they could turn this around at the speed at which they did the Suncorp deal, it would be a huge positive. Formalising the deal is hopefully shorter than three months given the experience the team now has in setting commercial terms.
The company continues to reference "several" bank they are in discussions with in North America which implies at least one other party than the 'big fish' they keep mentioning, which is positive because some of the smaller players may be quick adapter relative to a big beast which will likely take longer than expected.
Looking forward to an exciting couple of months ahead with June quarter platform numbers expected in a month, potentially getting Singapore's OCBC signed up, followed by Royal Bank of Canada.
9SP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held