Spade

Spade, founded in 2021, builds a unified data layer that connects payments to their real-world transaction context with high accuracy and speed. The system underpins rewards programmes, spending rules, financial analytics and AI features for financial institutions. Its technical work spans transaction data enrichment, payments data infrastructure, data unification and the development of AI-powered features on top of financial data.

The company operates at Series B stage, backed by Oak HC/FT, Andreessen Horowitz, Flourish Ventures, Y Combinator and Gradient Ventures. Its customer base includes FIS, Bilt, Mercury, Stripe, PayPal and Citizens. The team is lean and fast-growing, working under a hybrid model, with an emphasis on autonomy and ownership of work.

Spade describes itself as execution-oriented, with stated values of empathy, curiosity and passion, and a particular concern for data quality in the products it builds. It operates in the financial services, fintech, payments and banking sectors.