Latest news with #ShawnMelamed
Business Wire
22-07-2025
- Business
- Business Wire
Newtown Savings Bank Selects Spiral to Drive Financial Wellness and Community Impact Through Everyday Banking
NEW YORK--(BUSINESS WIRE)-- Spiral, the award-winning personalized banking platform, today announced a partnership with Newtown Savings Bank, a leading Connecticut-based bank with over 165 years of service. The partnership will enable Newtown Savings Bank to amplify customer engagement and grow deposits through personalized digital experiences that transform everyday purchases into effortless savings and community impact. "Through Spiral's Roundup Center, customers can seamlessly achieve their financial goals while positively contributing to their community, all without changing their daily spending habits." Share By integrating Spiral's Roundup Center seamlessly into the digital banking experience, customers will be empowered to automatically round up their everyday purchases and direct the spare change toward their savings goals or support their favorite charitable causes, directly benefiting their communities and nonprofits. "Newtown Savings Bank is committed to providing our customers with cutting-edge financial solutions that ensure their financial well-being," said Anthony Giobbi, Executive Vice President, Chief Banking Officer of Newtown Savings Bank. "Through Spiral's Roundup Center, customers can seamlessly achieve their financial goals while positively contributing to their community, all without changing their daily spending habits." Customers can allocate their roundups entirely to savings or split them between savings and charitable giving. Moreover, they will also be able to support community and national nonprofits, as well as contribute to local causes such as affordable housing, financial education, and community development. This personalized experience also includes real-time impact tracking and tax-deductible donation receipts. "It's inspiring to see how Newtown Savings Bank champions both financial wellness and digital innovation for their communities," said Shawn Melamed, CEO and Co-founder of Spiral. "We're excited to support more banks in improving their customers' lives while growing deposits and creating stronger, more connected communities." Spiral's turnkey solutions integrate with leading digital banking providers and core systems. To learn more about Spiral's platform, please contact Spiral here. About Spiral Headquartered in New York City, Spiral is an award-winning fintech helping banks and credit unions to grow deposits and retention through personalized banking experiences. With Spiral, financial institutions can empower their account holders to build savings, achieve financial freedom, and easily support their communities through any online bank account, debit card, or credit card. Spiral powers millions of card transactions and thousands of community donations for financial institutions across the country. Recognized as a Top 100 Financial Technology Company, Spiral makes it easy for financial institutions to drive local impact and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit About Newtown Savings Bank Newtown Savings Bank is a community bank headquartered in Newtown, Connecticut, with over $1.8 billion in assets. The Bank has been deeply committed to its customers and the community since 1855. It has 15 branches located in Newtown, Bethel, Bridgeport, Brookfield, Danbury, Monroe, Oxford, Shelton, Southbury, Trumbull, and Woodbury, along with the New Haven Regional Lending Center in Hamden, CT. For more information and location details visit or call 800.461.0672. Member FDIC. Equal Housing Lender.
Business Wire
08-07-2025
- Business
- Business Wire
Spiral Selected for FinovateFall 2025 Alongside The World's Most Innovative Fintechs
NEW YORK--(BUSINESS WIRE)-- Spiral, the award-winning fintech transforming digital banking with personalized savings experiences, has been selected to demo at FinovateFall 2025, the premier fintech showcase spotlighting the most innovative fintech companies shaping the future of financial services. "We're excited to welcome Spiral to the stage this fall to show how their embedded banking experiences help institutions grow fast and gain a competitive edge." Backed by industry leaders, Spiral is trusted by dozens of financial institutions and is experiencing rapid momentum, with 280% year-over-year growth, millions of savings transactions, and thousands of donations to communities already facilitated through its platform. Adoption and engagement rates are remarkably high across Spiral's experiences, driving high daily usage among account holders. Spiral was recently named a Top 100 Financial Technology Company and has earned prestigious industry recognition, including CUNA's Best-in-Show Award, ICBA's ThinkTECH MVP Award, and Innovation Series Finalist. This recognition reinforces its position as a leader in fintech innovation and establishes it as the go-to innovator behind next-generation banking experiences. Spiral's award-winning experiences are seamlessly embedded into the digital banking experience, enabling financial institutions to grow core deposits, increase loan demand, and boost retention through personalized and engaging banking experiences. With Spiral, banks and credit unions can become the primary institutions for savings, cards, loans, and charitable giving. "Americans are saving less than 4% of their disposable income, and financial institutions are fighting to grow deposits and membership in a rate-sensitive market," said Shawn Melamed, CEO and Co-founder of Spiral. "Spiral gives banks and credit unions powerful tools to boost savings, grow deposits, and build deeper relationships — all while improving people's financial health." This year, Spiral will demo its newest products — Savings Center, Roundup Center, and Giving Center — live on the FinovateFall stage in New York City. The demo will be led by CEO and Co-founder Shawn Melamed and VP of Product Cindy McLaughlin. Spiral's Savings Center and Roundup Center enable account holders to save every day, set and achieve their financial goals, get personalized financial insights, and grow their savings effortlessly with gamified, automated saving experiences that offer a superior user experience. The Giving Center helps financial institutions build deeper emotional connections with account holders by enabling them to manage all their charitable giving and easily support their favorite causes and charities. It also empowers institutions to launch local fundraisers, deepen community impact, and attract nonprofit business clients — all within the digital banking experience. "As the world's premier fintech showcase, FinovateFall is where financial services meets the future," said Greg Palmer, VP of Strategy at Finovate. "We're excited to welcome Spiral to the stage this fall and see how their embedded banking solutions can help institutions gain a competitive edge." This recognition marks another milestone in Spiral's mission to transform financial wellness, deepen community engagement, and empower banks and credit unions to thrive. To learn more or book a demo, contact Spiral at About Spiral Headquartered in New York City, Spiral is an award-winning fintech helping banks and credit unions to grow deposits and retention through personalized banking experiences. With Spiral, financial institutions can empower their account holders to build savings, achieve financial freedom, and easily support their communities through any online bank account, debit card, or credit card. Spiral powers millions of transactions and thousands of community donations for financial institutions nationwide. Recognized as a Top 100 Financial Technology Company, Spiral makes it easy for financial institutions to drive community impact and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit
Business Wire
24-06-2025
- Business
- Business Wire
Camden National Bank Selects Spiral to Empower Customers with Personalized Savings and Financial Wellness Tools
NEW YORK--(BUSINESS WIRE)-- Spiral, an award-winning personalized banking platform, today announced a partnership with Camden National Bank, a premier Northern New England community bank. Known for its commitment to helping individuals and businesses achieve their financial goals, Camden National Bank will leverage Spiral's innovative platform to enhance its digital banking experience, deepen customer engagement, and drive customer loyalty. "With Spiral, our customers will be empowered to save effortlessly for their life goals, such as buying a home, taking a vacation, or saving for a car. We're making it easier for customers to reach their financial goals." Share Through this partnership, Camden National Bank's customers can seamlessly round up everyday debit card transactions to savings or donate to causes they care about. Additionally, Camden National Bank's new Giving Center will allow customers to donate directly to a nonprofit organization from their bank account, track their impact, and get real-time donation receipts for tax purposes. "We're always looking for innovative ways to help our customers build financial security while making a meaningful impact," said Simon Griffiths, President and CEO at Camden National Bank. "With Spiral, our customers will be empowered to save effortlessly for their life goals, such as buying a home, taking a vacation, or saving for a car. We're making it easier for customers to reach their financial goals, find new ways to grow their savings, and support their communities through everyday banking." Many Americans continue to struggle to save for such long-term goals or emergencies, with one in four Americans having less than $1,000 in savings, according to a 2024 survey by Forbes. Furthermore, according to the 2025 Bankrate's Savings report, 19% reported having no emergency savings at all. Camden National Bank has partnered with Spiral to offer innovative savings tools that enable customers to make saving easier, more automated, and accessible to people across all income levels and demographics. "Camden National Bank's commitment to helping customers build stronger financial futures and support their communities is remarkable," said Shawn Melamed, CEO and Co-Founder of Spiral. "We are proud to empower more financial institutions to thrive, drive financial wellness, and grow deposits while delivering experiences people love—making saving easier, more rewarding, and more impactful." Spiral's turnkey solutions integrate with leading digital banking providers and core systems. To learn more about Spiral's platform, please contact Spiral here. About Spiral Headquartered in New York City, Spiral is the award-winning platform that helps banks and credit unions grow deposits and build deeper relationships that boost retention and loans through personalized banking experiences. With Spiral, financial institutions can empower their account holders to achieve financial freedom and easily support their communities through any online bank account, debit card, or credit card. Thus, Spiral makes it simple for financial institutions to drive positive change and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit About Camden National Bank Camden National Corporation (NASDAQ: CAC) is Northern New England's largest publicly traded bank holding company, with $7.0 billion in assets. Founded in 1875, Camden National Bank has 72 branches in Maine and New Hampshire, is a full-service community bank offering the latest digital banking, complemented by award-winning, personalized service. Member FDIC. Equal Housing Lender. Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management.
Business Wire
22-04-2025
- Business
- Business Wire
Dort Financial Credit Union Chooses Spiral to Empower Financial Wellness and Community Impact Through Everyday Banking
NEW YORK--(BUSINESS WIRE)-- Spiral, the award-winning personalized banking platform, today announced a partnership with Dort Financial Credit Union, a leading Michigan-based credit union dedicated to empowering its members and enriching communities. This partnership will enable Dort Financial Credit Union to amplify member engagement and grow deposits through new personalized digital experiences. Members will be able to turn everyday purchases into savings and community impact and donate through an innovative online Giving Center. "With Spiral, we're elevating our digital experience—making it effortless for members to grow their savings while joining us in supporting the causes they care about." Share By integrating Spiral's Roundup Center, Dort's members will be empowered to round up their everyday purchases to go toward saving for the future and supporting their favorite charitable causes, directly benefiting their communities and nonprofits. In addition, the new Giving Center will enable members to easily donate to their preferred charities directly from their digital accounts. Through this personalized Giving Center, members can create a tailored portfolio of causes, track their charitable impact, and receive a donation report for tax purposes. "We're proud to offer innovative experiences that enhance our members' financial wellness and strengthen the communities we serve," said Adam Koishor, Chief Strategy Officer at Dort Financial Credit Union. "With Spiral, we're elevating our digital experience— making it effortless for members to grow their savings while joining us in supporting the causes they care about." By integrating with Spiral, Dort Financial will drive awareness and digital donations directly from its member base to its charitable nonprofit partners, expand its offering for local nonprofits, and attract more nonprofit businesses to create positive change in their community through fundraising campaigns, donation matching, and community-wide events. "Dort Financial's dedication to innovation and improving members' lives is truly inspiring," said Shawn Melamed, CEO and Co-founder of Spiral. "We're thrilled to help more credit unions build deeper relationships with their members while growing deposits and building stronger communities," he added. Spiral's turnkey solutions integrate with leading digital banking providers and core systems. To learn more about Spiral's platform, please contact Spiral here. About Spiral Headquartered in New York City, Spiral is the award-winning platform that helps credit unions and banks grow deposits and build deeper relationships that boost retention and loans through personalized banking experiences. With Spiral, financial institutions can empower their account holders to achieve financial freedom and easily support their communities through any online bank account, debit card, or credit card. Thus, Spiral makes it simple for financial institutions to drive positive change and empower millions of people to build better lives. Spiral is backed by Team8, Euclidean Capital, Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO, Curql, ICBA, and more. To learn more, visit About Dort Financial Credit Union For more than 70 years, Dort Financial Credit Union has been dedicated to providing exceptional financial services to its members across Michigan and beyond. As a not-for-profit, member-owned institution, Dort Financial prioritizes financial wellness over profits, ensuring that every decision is made with its members' best interests in mind. With a commitment to personalized banking solutions, innovative technology, and community impact, Dort Financial empowers its members to achieve financial success while giving back to the communities it serves. Today, the credit union has grown to over $2 billion in assets, offering a full range of financial products and services designed to help members save, borrow, and invest with confidence. For more information about Dort Financial Credit Union, visit
