Spinwheel, an Oakland-based real-time consumer credit data and payments company, has received a strategic investment from Citi Ventures, the corporate venture capital arm of Citigroup. This funding marks a significant milestone for the agentic AI-powered fintech platform.
Investment Details
The undisclosed strategic investment was announced in September 2025. Citi Ventures, founded in 2008 and based in San Francisco with global offices, focuses on investing in FinTech, AI & Data, cybersecurity, and digital assets companies across various stages from seed to Series F and beyond.
Use of Funds
The capital infusion will support Spinwheel's go-to-market growth initiatives, expansion of its agentic AI platform, and development of new datasets and product offerings. This investment will accelerate the company's mission to transform how financial institutions access and utilize consumer credit data.
About Spinwheel
Spinwheel operates as an agentic AI-powered platform that delivers real-time, verified credit data and payments infrastructure. The company partners with lenders, marketplaces, personal financial management platforms, and other financial institutions to provide verified consumer credit data through API integrations.
Proprietary Technology
Spinwheel's credential-less technology requires only a phone number and date of birth to enable seamless access to consumer credit profiles, making it significantly more efficient than traditional credit verification methods.
Market Impact
The platform currently supports over 15 million users and 165 million connected credit and liability accounts, facilitating over $1.5 trillion in consumer debt across its network. This substantial market presence demonstrates the platform's reliability and scalability in the financial technology sector.
