The funding will support Spinwheel's continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise Spinwheel on product use cases that matter most to the largest financial institutions.

This investment marks a significant milestone in addition to Spinwheel's $30 million Series A round announced in June. Citi Ventures joins other leading investors, including F-Prime, QED Investors, Foundation Capital, Core Innovation Capital and Fika Ventures in backing Spinwheel's bold vision to rewire how real-time credit data is accessed, activated, and embedded.

Spinwheel, a real-time consumer credit data and payments agentic AI-powered company, is revolutionizing the consumer credit ecosystem. The company partners with lenders, marketplaces and personal financial management platforms to provide real-time, verified consumer credit data to process payments as part of their clients' existing workflow and operations via APIs and its agentic AI platform. Founded in 2019, Spinwheel has grown to more than 15 million users and 165 million accounts, facilitating $1.5 trillion in connected debt across its network.