Company Overview
Spade is a transaction data enrichment provider that delivers real-time merchant intelligence to financial institutions, providing granular details about merchant names, categories, and geolocations. The company has raised $21.1M in total funding, including a $10M Series A led by Flourish Ventures and a16z in December 2023. Spade's enrichment services help financial institutions improve fraud detection models by more than 15% and reported record growth in Q1 2023 following the launch of its card issuer products.
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Key Differentiators
Strong Challenger
Spade is an established challenger with significant market presence and competitive offerings in Finance.
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