Pinwheel

Income data engineered for fintech innovation.

About

Founded

2019

Headquarters

New York, New York

Industry

Fintech, Data

Company Description

Pinwheel provides income data engineered for fintech innovation. By making sense of real time income and employment data, Pinwheel enables financial institutions and fintechs to become the primary bank, reduce risk, and activate users. Our solutions power use cases like direct deposit switching, income and employment verification, earned wage access, and more. With a secure platform focused on real consumer challenges, we are helping to build a fairer financial system.

Quick Links

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Funding

Total Raised

$77 million

Valuation

$500 million

Significant Investors

GGV Capital, Coatue, First Round Capital, Upfront Ventures, Primary Venture Partners, AMEX Ventures, Indeed, Kraken Ventures, Franklin Templeton, TQ Ventures, SemperVirens Venture Capital

Company Traction

  • As of January 2022, Pinwheel executes over 4.6 million processes monthly, a 400x increase from the previous year.
  • In 2021, Pinwheel increased its annual recurring revenue by 177x over 2020.
  • Pinwheel customers include VISA, Credit Karma, Cash App, Acorns, Eco, Envel, and Citizens.

Leadership Team

  • Kurtis Lin: Co-Founder & CEO of Pinwheel. Former Head of Business Operations, Luxe at Volvo Car Group.
  • Philip Jen: Director of Product at Pinwheel. Former Product Manager at Airbnb.
  • Curtis Lee: Co-Founder & Chairman of Pinwheel. VP of Global Payments & Cash at Microsoft.
  • Sandy Gould: Chief People Officer at Pinwheel. Former Chief People Officer at Callisto Media.
  • Jeff Hudesman: CISO at Pinwheel. Former VP of Information Security at DailyPay.