Spiral, a banking solution for the charitable sector, announced $14 million in funding led by global venture group Team8 and with participation from Communitas Capital, Phoenix, Nidoco AB, MTVO, as well as leading financial executives.

Spiral is a digital solution that seamlessly combines banking and charitable giving. Spiral offers customers a holistic, modern banking experience with attractive rates, monthly cash bonuses, and the opportunity to effortlessly support the social causes they care about. Spiral even matches donations, up to a limit. Spiral was created by serial fintech entrepreneurs and banking executives with decades of experience at leading financial services companies.