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Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

TechCrunch

Pinwheel serves neobanks and fintechs like Block, Varo, and Lendly by providing application programming interfaces (APIs) linked to payroll, income, and employment data. Pinwheel has hired a number of its employees from $13.4 Pinwheel plans to use the fresh funds to triple its 70-person employee base, two-thirds of whom are engineers.