THE DEAL, AT A GLANCE
From the announcementSpense
01What it doesFounded in 2026 by Pawan Kumar and Srinivas Krishnamurthy, Spense provides banking infrastructure that allows financial institutions to launch credit cards and credit…From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗02Who is involvedBacked by Arkam Ventures, Razorpay Ventures Spense Raises $2From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗03What happenedSpense raised $2.8M Pre-Seed, announced 2026-07-01From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗04Why it mattersSpense is using its $2.8 million seed funding to build banking infrastructure for financial institutions that want to launch asset-backed credit cards and credit lines.From the announcement
Summarized from the deal record's source announcement; not yet independently reviewed.
Read the announcement ↗Click a part to explore its evidence. Unsupported imagery is withheld rather than guessed.Original record source ↗
Spense · Financing Record
Explore source-linked visual explanations for Spense. Unsupported claims are withheld while source review continues.
Record 7106 · Recorded date: 2026-07-01
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