Profile

Spiral’s mission is to empower millions of people to build better lives and make a positive impact on their communities. The company aims to enable over 9,000 U.S. financial institutions to grow deposits and accounts by offering personalized banking experiences. Through these efforts, Spiral seeks to help millions achieve financial freedom and contribute to creating a better world.

Visit www.spiral.us

Key Products

Spiral is the award-winning platform that enables financial institutions to grow deposits and accounts through personalization and financial wellness. With Spiral, banks and credit unions can leverage popular turnkey experiences and their community-oriented mission to allow their customers to achieve financial freedom, engage with their finances, and easily support their communities through any online bank account, debit card, or credit card.

Key Executives

Shawn Melamed, CEO and Co-Founder

Shawn is a serial fintech entrepreneur and investor. As the CEO and Co-founder of Spiral, he’s on a mission to revolutionize financial services for a better world. Before founding Spiral, Shawn led two successful company acquisitions and was previously a Managing Director at Morgan Stanley, where he built and headed their Technology Business Development and Innovation Offices.

Customer Insights

“We’re thrilled to offer innovative solutions that not only elevate how our customers engage with our financial solutions but also provide easy ways to positively impact local nonprofit causes.” – President and CEO, Tioga State Bank

“Adding Spiral will make it that much easier for our members to grow their savings and make a difference in the areas that. matter most to them.” – SVP & Cheif Operating Officer Mid-Atlantic Federal Credit Union

“Spiral deepens our engagement and allows our customers to save for their dreams while making a positive impact within their communities.” – President and CEO, West Shore Bank

Investors

Spiral raised $45M to date (Series A).

Corporate Responsibility

Spiral partners with over 1200 nonprofits and empowers financial institutions to allow their account holders to easily donate to 1.5 million US charities (community, local, or national) from a Giving Center in their banking account. Spiral builds stronger, more diverse communities by strengthening the financial institutions that serve them. With Spiral, financial institutions can create positive change in their community through fundraising campaigns, donation matching, and community-wide events.