At this stage, the pair is exploring the opportunity to distribute the marketplace platform and app to Visa’s small business issuing clients.

Visa stated 9 Spokes and its bank clients have a shared interest in providing leading technology to small and medium enterprises.

The 9 Spokes capabilities will feature on the Visa conference exhibition stand at the Singapore FinTech Festival 2019 this week.

Adrian Grant, co-founder and chief executive of 9 Spokes commented: “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.”

9 Spokes recently launched the newest iteration of its marketplace platform, with Bank of New Zealand being the first company to migrate its users over.