Spinwheel provides real-time, verified consumer credit data and payments infrastructure via APIs and an agentic AI platform, enabling lenders, marketplaces, and personal finance platforms to process payments and manage liabilities within existing workflows. Its credential-less technology requires only a phone number and date of birth to deliver a more complete consumer credit profile. The company supports more than 15 million users and 165 million connected credit and liability accounts, facilitating over $1.5 trillion in consumer debt across its network. Spinwheel plans to expand its agentic AI platform, grow go-to-market efforts, and build out its data sets and product offerings. The company is backed by investors including F-Prime, QED Investors, Foundation Capital, Core Innovation Capital and Fika Ventures and announced a $30 million Series A in June. Founded in 2019 and based in Oakland, Calif., Spinwheel is positioned to deepen integrations with large financial institutions. Spinwheel provides a real-time consumer credit data and payments platform delivered via APIs and an agentic AI layer. Its credentialless technology requires only a phone number and date of birth to verify and activate consumer credit data for payments and workflows. The platform supports more than 15 million users and 165 million connected credit and liability accounts, facilitating over $1.5 trillion in consumer debt across its network. Spinwheel partners with lenders, marketplaces, and personal financial management platforms to improve conversion, increase revenue, lower operational and acquisition costs, and mitigate risk. The company plans to use new funding to accelerate development of its agentic AI platform, expand data sets and product offerings, and scale its go-to-market team. Spinwheel provides modern loan infrastructure that enables partners to embed loan application, payment and management directly into the apps their customers use. Its APIs power partners’ lending, student debt management and other real‑world financial situations. The product is offered as drop‑in, customizable modules that the company says can be implemented in under one hour. Spinwheel intends to use new funding to accelerate sales, marketing and new product development to expand its offering. The company was founded in 2019 by Tomas Campos and Tushar Vaish and is headquartered in Oakland, CA. No operating metrics (revenue/users) were disclosed in the article.

Total raised

$41M

Funding rounds

3

Latest round

Series A

Latest activity

Jun 2025