New York based banking solution for the charitable sector raised $14m in new funding led by Team8.
“The future belongs to socially-conscious brands that care as much about giving back to society as they do about generating profits and growth. Spiral plans to pioneer the ethical banking industry by creating a new ecosystem solution for more than 100 million charitable givers and 1.5 million non-profit businesses,” said Shawn Melamed, CEO and Co-Founder of Spiral. “Not only does Spiral make it easy and engaging for people to support causes they care about but we also financially reward them so they can personally thrive.”