Spade provides a real-time transaction enrichment platform that matches raw payment data to verified merchants in a proprietary database, giving financial institutions ground-truth context for authorization, rewards attribution, analytics, and customer experience workflows. The platform powers use cases such as smarter authorization decisions, targeted rewards programs, AI-ready analytics, and clearer dispute resolution for banks, fintechs, and enterprises.
Founded in 2021, Spade processes billions of transactions monthly, reporting 99.9% merchant coverage across the United States and Canada with 99% or greater accuracy and sub-50-millisecond P99 enrichment latency. Customers including Bilt, Mercury, and Stripe use Spade as core infrastructure across multiple mission-critical workflows. In March 2026, Spade announced a $40 million Series B led by Oak HC/FT, with participation from Andreessen Horowitz, Flourish, Gradient, NAventures, and Y Combinator, to deepen its data and AI platform capabilities and expand the team.
Real-time transaction enrichment platform that matches raw payment data to verified merchants for authorization, attribution, analytics, and customer experience workflows.
