Virgin Money has partnered with 9Spokes, a Kiwi FinTech, for the development of business banking.
In Brief:
9Spokes offers a comprehensive view of a business in a bespoke dashboard..
Its business management platform offers “track, connect and explore” management tools.
Now, Virgin Money will be able to offer this insight to its business customers.
What does this mean?
Virgin Money is planning to launch a “working capital health” offering sometime in 2021, which means its business current account will turn into a holistic, personalised wellness tracker. The partnership with 9Spokes is probably one of many announcements we’ll see before the platform is offered to business customers.