Pay with Spire

Pay with Spire a mobile commerce platform that verifies and authenticates consumers and transactions.

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Updated: Mar 15, 2026 ·

About

Pay with Spire is a branded Pay-by-Bank solution that operates on the Discover Global Network. This platform enables customers to make payments at a wide range of checkout locations across the U.S. by leveraging their bank accounts directly. The company aims to transform everyday purchases into customer loyalty rewards while providing merchants with a direct payment alternative.

The Spire platform delivers a merchant-branded Automated Clearing House (ACH) payment solution. By utilizing Discover's network, Pay with Spire facilitates direct bank-to-bank transactions, which can help businesses reduce payment processing costs and enhance their customer engagement strategies.

Recent News & Mentions

Feb 5, 2026FundingPay with Spire - Series B

Financial History

Pay with Spire has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series B in February 2026.

Total Raised

$10.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Feb 5, 2026	$10.0M Series B	Continental Investment Partners

Financial History

Pay with Spire has raised $10.0M across 1 funding round.

Total Raised

$10.0M

Valuation

N/A

Deep Dive

Pay with Spire offers a branded Pay-by-Bank solution designed to streamline payment processes and enhance customer loyalty. The platform utilizes the Discover Global Network, allowing its payment solution to be accepted at a significant majority of checkout locations throughout the United States. This broad acceptance aims to provide convenience for consumers while offering a robust payment infrastructure for merchants.

The core of Pay with Spire's offering is its merchant-branded Automated Clearing House (ACH) payment solution. This system enables direct bank-to-bank transfers, bypassing traditional card networks for certain transactions. The direct nature of ACH payments can result in lower processing fees for businesses compared to other payment methods.

Beyond cost reduction, Pay with Spire focuses on transforming the payment experience into a loyalty-building opportunity. By integrating payments with branded experiences, the company seeks to help businesses foster stronger relationships with their customers. This approach positions the payment process as an integral part of a comprehensive customer engagement strategy.

As a mobile commerce platform, Pay with Spire is built to verify and authenticate consumers and their transactions. This focus on security and reliability is crucial for maintaining trust in direct bank payment systems. The company's headquarters are located in New York, New York, and it was founded in 2016.

Sources

Frequently Asked Questions

How does Pay with Spire's Pay-by-Bank solution achieve widespread acceptance in the U.S.?

Pay with Spire achieves widespread acceptance by operating as a Pay-by-Bank card issuer on the Discover Global Network, which allows its solution to be used at 99% of checkout locations across the U.S.

What specific type of payment solution does Pay with Spire provide to merchants?

Pay with Spire provides a merchant-branded Automated Clearing House (ACH) payment solution, leveraging Discover's network to facilitate direct bank-to-bank transactions.

What are the primary benefits for businesses that adopt Pay with Spire's platform?

Businesses adopting Pay with Spire can benefit from reduced payment costs through direct bank transfers and the ability to transform everyday purchases into customer loyalty rewards.