OAKLAND, Calif., Aug. 20, 2021 /PRNewswire/ — Spinwheel, the main intelligent debt API system for fintechs, announces the hiring of Sean Anderson as Head of Platform and COO. Next the company’s $11MM seed funding, Sean joins the team to develop and scale the organization and push the item roadmap as the business extends beyond its university student personal debt resolution to give the same unique strategy to other debt classes.

Spinwheel

A startup and fintech veteran, Sean co-started Bento for Enterprise, which constructed a business payments system enabling playing cards, controls, and payments for 1000’s of enterprises by way of APIs, net, and cellular apps. Final week, Bento was obtained by US Bank, the fifth-greatest lender in the United States.

“I’m very thrilled to be joining Tomas and Tushar to assist them realize Spinwheel’s huge ambition. The debt administration platform’s mixture of superior info, intelligence, and payments is unique in the area,” explained Sean. “Consumers have to have to do far more than entry their details and have an understanding of their personal debt, they want to be in a position to act on it. Spinwheel is creating an embedded sensible money movement to ability the subsequent wave of ground breaking monetary applications and expert services.”

Spinwheel is a modern-day financial debt infrastructure startup that aids Us citizens get out of financial debt quicker by generating it achievable to embed the application, payment, and management of loans into the apps men and women use the most. By increasing access, selection, and transparency, Spinwheel aims to improve results and shorten the personal debt lifecycle for all debtors and their beloved ones. The firm has previously partnered with a range of main models and is expanding its protection to credit score cards, automobile loans, home loan, and other purchaser credit card debt sorts and use conditions this yr.

“We are passionate about improving upon the monetary results of People by supplying the best customer financial debt API platform,” mentioned CEO and co-founder Tomás Campos. “We’ve developed the least difficult way to increase college student personal debt compensation and optimization to any application or assistance and are expanding these offerings rapidly. Sean has a confirmed track report constructing and scaling fintech platforms to assist broad markets and varied use cases. I’m thrilled to have him join our management group and assistance us execute from this vision.”

Eva Ho, Spinwheel Board Member and General Partner at Fika Ventures extra, “Spinwheel’s remarkable college student debt platform and info allow partners to shift quickly and leap forward of their levels of competition. As they insert new credit card debt groups and leverage intelligence in novel means, they will go on to lead the category. Sean’s expertise at Bento creating and scaling a startup will accelerate expansion and unlock new opportunities.”

About Spinwheel

Spinwheel makes it quick for Us citizens to make smarter credit card debt selections and just take action by a mixture of information, intelligence, management, and payments. Their debt API and no code drop-in modules help fintechs, banking companies, personalized financial administration resources, worker reward vendors, and loyalty platforms to speedily generate a seamless expertise for their clients in their current programs. Spinwheel is headquartered in Oakland, California, and co-established by Tomas Campos and Tushar Vaish in 2019. For much more facts, come across us at Spinwheel, LinkedIn, or on our Developer Portal.

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