Industry Newsmerchant intelligencetransaction dataspadefintech
Spade Raises $40 Million Series B Funding
7.3
Relevance Score
Spade raised $40 million in a Series B funding round on March 24 to expand its platform that helps banks and FinTechs turn transaction data into actionable insights. The company said it will use the capital to deepen platform capabilities and grow its team; its database delivers 99.9% U.S./Canadian merchant coverage and processed up to 1.9 billion transactions daily.
Scoring Rationale
Strong commercial traction and enterprise relevance, but primarily a funding announcement with limited technical detail.
Sources
- Read OriginalSpade Raises $40 Million to Drive Transaction Data Analysispymnts.com
