Highlights:
User adoption accelerating considerably, surpassing 10,000 businesses signed up to the 9
Spokes platform, with 1,000 businesses signing in just 5 days.
The increased acceleration of adoption has been supported by continued improvement in
adoption from the early stages of Barclays’ national roll-out, as well as the launch of a new feature
set enabling enhanced visibility and interaction between accountants and their clients.
10,000 users viewed as inflexion point by app partners, as 9 Spokes reaches critical mass to drive
subscription bases of its app partners. First 5,000 users were signed in 216 days, with the following
5,000 materially accelerating to 54 days.
Letter of Intent signed with one of New Zealand’s leading banks to provide a white-label version
of the 9 Spokes platform.
Roll-out to New Zealand SMEs expected in early 2018.
9SP Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
