The most recent news stories and press resources to learn more about Spiral and our mission to empower millions to drive environmental and social change.

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Spiral - Press | Sustainability, Community Impact, and ESG

Dear Spiral Community,
For those passionate about blending technology with philanthropy, we have some exciting news on the horizon. We are excited to announce that <a href="https://www.nbkc.com/">nbkc bank</a>, an acclaimed innovative banking leader known for its exceptional customer experiences, has selected Spiral's platform to launch an innovative Digital Giving Center that allows customers to donate to their favorite charities directly from their personal online banking portal and get an annual donation report for tax purposes.&nbsp;
<h2 dir="ltr">Why Is This Significant?</h2>
This partnership marks a significant step in elevating customer engagement and fostering positive change by introducing a cutting-edge online giving center.&nbsp;
By integrating Spiral's capabilities, nbkc bank empowers its customers to effortlessly donate to their preferred charities, organizations, and educational institutions directly from their nbkc personal online bank accounts. This innovative feature allows customers to create a personalized portfolio of causes that closely aligns with their values and conveniently tracks their charitable impact, and get an annual donation report for tax purposes.
<h2 dir="ltr">Beyond Just Banking</h2>
Incorporating Spiral into its banking ecosystem also enables nbkc to create a lasting social impact within local communities and expand its community impact initiatives with local nonprofits through fundraising campaigns, donation matching, and community-wide events.
"We are excited to introduce this innovative customer engagement solution within our personal online banking platform. Intercepting our customers during their banking journey and providing them the opportunity to make a bigger impact on their communities is a win-win," said Melissa Eggleston, Chief Deposit Officer, EVP at nbkc bank. "This solution creates a deeply meaningful and engaging experience for our customers, enabling them to easily contribute to the betterment of our communities all through the convenience of nbkc&rsquo;s digital banking."
<h2 dir="ltr">But That&rsquo;s Not All</h2>
Beyond just donations, Spiral's platform is designed to extend the sphere of charitable giving and community impact. Spiral also enables financial Institutions to drive community impact through everyday purchases, round-up card transactions, and tax-deductible donor-advised funds that further enhance the digital banking experience.
"We are thrilled to collaborate with nbkc bank, who are known for their tremendous positive impact and involvement in their community. They are now expanding their mission to empower customers to drive positive change and donate while enjoying the digital banking experience," said Shawn Melamed, CEO and Co-founder of Spiral. "We are excited to help community-oriented financial institutions grow their community impact, drive digital engagement, and attract socially conscious customers &mdash; particularly the younger generations who look for easy ways to give back through everyday banking."
<h2 dir="ltr">Eager to Know More?</h2>
To learn more about Spiral's giving center,&nbsp;<a href="https://www.spiral.us/platform/signup">schedule a demo here.</a>

A significant step in elevating customer engagement with community impact.

nbkc Bank Selects Spiral to Launch an Innovative Digital Giving Center

Dear Spiral Community,
We are excited to announce that <a href="https://www.quontic.com/" target="_blank" rel="noopener">Quontic Bank</a> has selected Spiral's platform to amplify its community impact nationwide. Quontic will leverage Spiral's platform to streamline donations and launch an innovative digital Community Impact Center that allows customers to view and track its environmental and community impact.
Now, you might wonder, what exactly is this digital Community Impact Center? Well, hold onto your curiosity because it's a game-changer. This innovative online portal will provide Quontic Bank customers with unparalleled transparency into the bank's philanthropic endeavors and their significant contributions to society. With a few clicks, customers can witness the tangible effects of the bank's activities on the communities they serve.
The platform showcases diverse initiatives, such as providing meals for children, offering nights under a safe roof to those in need, and planting trees for a greener planet. This level of visibility empowers customers to connect with the causes they care about deeply.&nbsp;
But that's not all! The Community Impact Center also reveals the names of the charities involved in each initiative. This transparency fosters a profound sense of trust and engagement, as customers can see where Quontic's contributions are directed. It's an open invitation to actively participate in the bank's mission to drive positive change.
Spiral's comprehensive technology takes care of all the intricacies behind the scenes. From donation processing to ensuring compliance and seamless technical integrations with charities, they streamline the entire process. This ensures that every contribution reaches nonprofits with efficiency and accuracy.&nbsp;
"We are delighted to embark on this partnership with Spiral," said Robert Russell, President of Quontic Bank. "Spiral's offering aligns perfectly with our value and mission of social good and giving back. Transparency is a key component of our mission, and our new Impact Center will enable us to showcase our community impact efforts and drive positive change on a larger scale by making an impact on our community and nationwide."&nbsp;
This strategic partnership between Spiral and Quontic Bank marks a significant milestone in the banking sector's journey towards greater social and environmental impact. The Digital Community Impact Center signifies a new era of transparency, purpose-driven action, and community engagement.
"We are delighted to partner with Quontic Bank to amplify their community impact," said Shawn Melamed, CEO and Co-founder at Spiral. "Our technology and vast nonprofit giving network enables banks and credit unions to simplify donation processes and measure and visualize the impact of their actions, empowering them to make more meaningful contributions to their communities and engage customers and businesses through impact."
To learn more about Quontic's Digital Community Impact Center, please click <a href="https://www.quontic.com/community-impact/" target="_blank" rel="noopener">here</a>.&nbsp;If you're eager to join this inspiring journey and interested in adding a digital Community Impact Center for your company, please&nbsp;<a href="https://www.spiral.us/contact">contact Spiral here</a>.

Quontic partners with Spiral to streamline donations and launch a digital Community Impact Center.

Quontic Bank Selects Spiral’s Platform to Amplify Community Impact Nationwide

We're thrilled to announce that Spiral won the prestigious MVP Award at the ICBA ThinkTECH 2023 Accelerator! 🏆🚀
Since 2018, the ICBA ThinkTECH Accelerator program has connected the world's most innovative fintech companies with more than 1,000 community bankers and industry leaders, fostering collaboration and driving innovation. As participants in this esteemed program, we had the opportunity to showcase our Impact-as-a-Service&trade; platform that revolutionize the way community banks engage with their customers, grow deposits, lower acquisition costs, and promote their brand through community impact, sustainability, and charitable affinity programs.
The opportunity to work with many community banks and industry leaders to drive innovation in the industry has propelled our growth, refined our strategic direction, and helped us grow and expand our services to more customers. We are deeply grateful to the ICBA ThinkTECH Accelerator program for recognizing Spiral's platform and awarding us the MVP award.
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<div class="blog-figure"><img class="blog-figure-image" src="https://res.cloudinary.com/spiral/image/upload/v1688718520/blog/posts/spiral_wins_mvp_icba_thinktech.jpg" alt="spiral mvp icba thinktech" width="750" height="" loading="lazy">
<div class="blog-figure-caption">Spiral Wins MVP Award at ICBA ThinkTECH</div>
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Receiving the MVP award is a testament to the hard work and dedication of the entire Spiral team. It reflects our commitment to innovation and the positive impact we are making in the fintech industry. Our Impact-as-a-Service&trade; platform offers community banks a solution to attract a new generation of younger customers, differentiate their brand, and embed community impact and sustainability into any bank account, debit card, or credit card. By enabling community banks to increase customer engagement, boost revenue, and transparently highlight their local impact, Spiral is reshaping the banking landscape.
This achievement would not have been possible without the unwavering support of our loyal community. We are immensely grateful to our partners, customers, and supporters who have believed in our vision and contributed to our success. Your trust and encouragement have been instrumental in driving our relentless pursuit of innovation. The MVP award brings us a great deal of pride, and we remain committed to pushing boundaries and pioneering new solutions that empower banks, credit unions, and their customers and members.
Once again, we extend our heartfelt thanks to the ICBA ThinkTECH Accelerator program for this prestigious recognition. Thank you for your continued support of Spiral, and stay tuned as we continue to evolve, enhance our services, and forge partnerships that will shape the future of banking.
Sincerely,
The Spiral Team
&nbsp;

Spiral joins the league of the world's most innovative companies that reshape the banking industry.

Spiral Wins MVP Award at ICBA ThinkTECH 2023

Dear Spiral Community,
We are excited to announce our integration with Q2's Digital Banking Platform. <a href="http://www.q2.com/">Q2 Holdings, Inc</a>. (NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending.
As part of the Q2 Partner Accelerator Program, financial institutions can purchase Spiral and offer its solution to their account holders through the Q2 Digital Banking platform, enabling customers to drive community and environmental impact through everyday purchases, round-up card transactions, monthly charitable giving subscriptions, and tax-deductible donor-advised funds.
The partnership is a significant step forward for Spiral as we aim to drive social impact and create a better world through innovation. Q2 has over 1,000 financial institution clients, representing over 30 million users across the United States.
The Q2 Partner Accelerator Program allows financial services companies to leverage the Q2 SDK and create standard technology integrations to the Q2 Digital Banking Platform. Spiral will offer Q2 customers a turnkey platform that allows them to increase customer and member engagement and retention by strengthening their ability to serve their communities while increasing revenues through higher spending and engagement.&nbsp;
"Competition is fierce, and banks and credit unions are looking for game-changer differentiators that will allow them to engage and expand their customer base," said Shawn Melamed, CEO and Co-founder of Spiral. "The Q2 Innovation Studio allowed us to develop a turnkey integration for Q2 customers that enables banks and credit unions to support their communities while increasing retention and attracting new generations of customers and members," he added. "We are delighted to be a part of Q2's vision to support innovative impact-driven banking experiences."
The Q2 Partner Accelerator Program allows financial services companies to leverage the Q2 SDK and create standard technology integrations to the Q2 Digital Banking Platform.&nbsp;
"We are excited to welcome Spiral to the Q2 Partner Accelerator program," said Johnny Ola, managing director of the Q2 Innovation Studio. "Financial institutions now have the ability to offer Spiral's community and sustainability products to engage and expand their customer base.&rdquo;
Spiral will attend Q2&rsquo;s <a href="https://connect.q2.com/">CONNECT 23</a> Conference in Austin, TX, on May 15-18. To schedule a meeting with Spiral while at the conference, please <a href="https://www.spiral.us/platform/signup">schedule a demo here.</a>&nbsp;
To learn more about the Q2 Innovation Studio Partner Accelerator Program, please click <a href="https://www.q2.com/innovation-studio-active-fi">here</a>.

Spiral teams up with Q2 to help financial institutions grow their deposits and engagement through impact.

Spiral Announces Integration With Q2's Digital Banking Platform

We are excited to announce that Spiral has been selected for the prestigious <a href="https://www.icba.org/newsroom/news-and-articles/2023/04/18/icba-announces-cohort-for-fifth-icba-thinktech-accelerator" target="_blank" rel="noopener">ICBA Thinktech Accelerator program</a> by The Independent Community Bankers of America (ICBA). This nationally acclaimed accelerator program promotes innovative solutions designed specifically for community banks and the customers they serve.
Since its inception in 2018, the ICBA ThinkTECH Accelerator program has connected the world's most innovative, cutting-edge fintech companies with more than 1,000 community bankers and industry leaders. The program is known for its proven methodology that rapidly validates and helps shape emerging industry solutions.&nbsp;
We are thrilled to be part of the ICBA Thinktech Accelerator program and to contribute to the innovation of growth in the industry. By participating in the program, we will have access to a network of industry experts, mentorship, and support to help us grow and expand our services to more customers. Spiral's Impact-as-a-Service&trade; platform makes it easy for community banks to engage their customers, attract younger generations, differentiate their brand, and offer impact-driven bank accounts, debit cards, and credit cards. With Spiral, they can increase revenue through higher engagement and increased spending, feature local charities, share updates about their impact, and provide transparency to where impact is being made in their local communities, thus amplifying their community impact.&nbsp;
We want to thank the ICBA Thinktech innovation team for selecting Spiral and providing this opportunity. We look forward to participating and contributing to the success of community banks and their customers.
Thank you for your continued support of Spiral, and stay tuned for more updates soon!
&nbsp;
Sincerely,&nbsp;
The Spiral Team

Spiral teams up with leading community banks and industry experts to drive innovation.

Spiral Selected for ICBA ThinkTECH Innovation Accelerator

We're excited to announce that Jim Vasquezi has joined our team as the new Chief Revenue Officer at Spiral. With over 20 years of leadership experience in banks, fintech, and financial institutions and a track record of building high-performing teams, Jim is the perfect addition to our team as we continue our mission to empower millions of people and companies to contribute to a better world.
Jim's passion for the critical role that financial institutions play in their communities has been a driving force throughout his career. He has held leadership roles at some of the most recognizable brands in fintech, including Fiserv, Digital Insight (now NCR), Finastra, Curinos, and Feedzai. He has experience working with banks and credit unions of all sizes and has a track record of building highly engaged and high-performing sales and account management teams that focus on building value for the company, its customers, and ultimately, their customers or members.
Jim holds an MBA from Assumption College and resides with his wife outside of Atlanta, GA. He has two beautiful daughters. He enjoys spending time with family and friends, watching college and pro football and basketball, and Broadway trips. Jim is also passionate about various causes, including cancer prevention and treatment, ending childhood hunger, DE&amp;I, equal justice, and Broadway Cares.
Shawn Melamed, Spiral's CEO &amp; Co-Founder, shared, "As we continue to focus on empowering financial institutions to embed sustainability and social impact into their businesses, we are thrilled to welcome Jim as our new CRO. His extensive experience in fintech and his commitment to building high-performing teams will be instrumental in our mission to empower financial institutions and make a positive impact on communities. We are confident that Jim's experience, expertise, and passion will help Spiral continue to grow and achieve our mission of empowering millions of people and companies to contribute to a better world."

From Community Banks to Fintech Giants: Jim's Journey to Joining Spiral as CRO

Jim Vasquezi Joins Spiral as CRO to Drive Impact for Financial institutions

Dear Spiral Community,
We are excited to announce that Spiral has been selected to participate in the premier program of Fintech Innovation Lab New York. This prestigious and highly competitive program brings together some of the most promising fintech startups from around the world. This is a significant milestone for Spiral, and we are honored to be chosen by such a prestigious organization.
Founded in 2010 by the Partnership Fund for New York City and Accenture, The Lab has helped establish New York as a fintech leader while growing technology jobs in the New York area. The program provides a unique opportunity for fintech startups to work with the world's leading financial institutions and receive mentorship from senior executives in the industry. The ultimate goal is to help startups accelerate their growth and bring innovative solutions to the financial sector.
Being selected for the Fintech Innovation Lab New York is a testament to the hard work and dedication of the Spiral team. We have always believed that our impact-driven approach to fintech can make a real difference in people's lives, and this recognition only validates that belief.
Over the next few months, we will work closely with our program mentors and partners to refine our product offerings and scale our impact. We are confident that this experience will be invaluable for Spiral, and we cannot wait to see what the future holds.
Here are some interesting statistics about the Fintech Innovation Lab and its success:
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Since its inception in 2010, the Fintech Innovation Lab has helped over 80 startups grow and succeed in the financial sector.
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The program has a 95% success rate, meaning that 95% of the participating startups have gone on to secure major clients, partnerships, or investments.
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Participating startups have raised over $2.5 billion in funding collectively and created more than 2,000 jobs after participating in the program, and 24 of those companies have since been acquired.&nbsp;
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Over 50 financial institutions have participated in the program, including major players such as JPMorgan Chase, Goldman Sachs, and Citigroup.
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The Fintech Innovation Lab is now a global program with locations in New York, London, and Hong Kong.
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These statistics demonstrate the incredible impact that the Fintech Innovation Lab has had on the fintech industry and the startups that participate in the program. We are thrilled to be a part of this community and look forward to the opportunities and growth for Spiral.
We also hope that our participation in the Fintech Innovation Lab New York will inspire other impact-driven startups to pursue their dreams and never give up on their mission to create positive change in the world.
We want to express our gratitude to the Partnership Fund for New York City and Accenture for selecting us for this program, and we look forward to collaborating with our fellow fintech innovators in the coming months.
Thank you for your continued support of Spiral, and we can't wait to share more updates with you soon!
&nbsp;
Sincerely,
The Spiral Team
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Spiral joins forces with the world's leading financial institutions in an exclusive fintech program.

New York's Prestigious Fintech Innovation Lab Selects Spiral

When we founded Spiral three years ago, we didn&rsquo;t just want to bring our product idea to market &mdash; we wanted to help people and nonprofits drive positive change through everyday banking products and revolutionize financial services for a better world.
Now, we see that the financial industry is embracing a new reality.&nbsp;
Our passion for creating a future in which banks and financial institutions drive positive change, together with their communities and customers, motivates us to continue to push ourselves and our team. So today, we&rsquo;re announcing our latest funding round as we continue to grow and lead the world at the forefront of this space.
We are thrilled to announce our $28 million Series A round led by Team8 with additional funding from Euclidean Capital and Intuition Fund, Communitas Capital, Phoenix, and Nidoco AB. This brings our total funding to $42 million and gives us a powerful foundation to accelerate the future of our groundbreaking Impact-as-a-Service&trade; platform, which is transforming the financial industry for the greater good.
As our first impact-driven product, we launched a socially responsible consumer banking app in 2021, which grew to 65,000+ customers and $65 million in transactions in less than a year. After witnessing its rapid growth, we saw that rather than offering an independent banking app, the greatest value would be to partner with other financial institutions. The early success illustrates the urgency in which banks and credit unions need to incorporate access to impact-driven and ESG-forward banking, and demonstrates how offerings like this tremendously help with customer acquisition, engagement, and retention. We realized that our innovative impact products are game-changer differentiators for banks, credit unions, and financial institutions that want to lead the market and give back to their communities while increasing their revenues and expanding their customer base. Therefore, we decided to make our technology accessible to all financial institutions to help more people and businesses make an impact easily using their current banking and financial apps.&nbsp;
But there&rsquo;s still so much more work to do.
Picture a world where every financial transaction you make can help make a positive impact in your community and around the world. That&rsquo;s the vision of Spiral.&nbsp;
This year, we will launch our Impact-as-a-Service&trade; platform and expand our offerings for more than 10,000 financial institutions across the U.S., including banks, credit unions, and fintech companies. The latest investment will be used to grow our first-of-its-kind platform that helps banks and other financial institutions easily embed sustainability, social impact, ESG, and CSR into their products and empower millions of customers to achieve daily impact and contribute to a better world.&nbsp;
One of our core goals at Spiral is to help banks and credit unions unlock the power of community, sustainability, and social impact and drive customer engagement. With Spiral, they can increase revenues through higher engagement and increased spending with their cards and create socially responsible debit cards, credit cards, accounts, and payment products. By embedding our impact-driven products, banking customers at all income levels can easily make an impact through everyday purchases, round-up card transactions, monthly charitable giving subscriptions, and tax-deductible donor-advised funds for long-term charitable giving.
Inspired by our passion for revolutionizing impact, we continue to be a passionate, purpose-driven, mission-oriented, and people-oriented company. So once again, we'd like to thank our amazing customers, team, and investors for all their guidance and support as we continue to create a new age of financial services. 2023 is a big year for Spiral. And with this announcement, we know it's just the beginning.
So let's continue to push boundaries, break down barriers, and make a positive impact on people's lives.
&nbsp;
&mdash; Shawn
CEO and Co-Founder

Here's to Writing a New Chapter; From Spiral CEO and Co-Founder

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