Last week, Mastercard, global payment technology company, announced Spinwheel as one of the new members of its Start Path program. 

Mastercard Start Path is an award-winning startup engagement program that partners with later-stage startups and fintech innovators to accelerate growth. It is tailored for companies with proven solutions that can transform commerce, payments, and financial services. 

Mastercard selects startups based on product-market fit, scalability, innovation and alignment with Mastercard’s vision for shaping the future of commerce and payments.

Spinwheel joins its Open Finance cohort focused on building the future of financial networks through open finance, embedded solutions, and seamless connectivity. 

Why This Matters

At Spinwheel, our focus is on helping financial innovators access real-time credit insights and make payments instantly — with just a phone number, date of birth, and turnkey APIs. 

From marketplaces and lenders to personal finance managers (PFMs), we help them securely verify, understand and act on consumer credit with speed and precision. This is the power of open finance — enabling consumers to share their permissioned financial data with ease so that they can improve their financial lives.

"Seeing my family struggle to navigate student loans and credit made it clear there had to be a better way for people to understand their credit profiles and take action to improve them. Spinwheel powers innovative financial companies that help millions of consumers improve their financial lives every day," says Tomas Campos, CEO and co-founder at Spinwheel. 

Spinwheel provides real-time, open finance connectivity to consumer-permissioned financial and liability accounts, integrating seamlessly into existing workflows. 

By joining Mastercard Start Path, Spinwheel gains access to Mastercard’s global network, strategic mentorship, co-innovation opportunities, and potential investment support. The program also offers visibility, credibility and connections, supporting business growth. Mastercard Start Path sets us up to expand our reach and ability to connect data, actions, and experiences in real time. 

Read the full news from Mastercard here.