Pay With Spire, a modern pay-by-bank solution for everyday spend, has raised a $10M Series B led by Continental Investment Partners and appointed veteran payments executive Jennifer LaClair as CEO, signaling a shift from product build to scaled commercialization. The capital and leadership upgrade position Spire to accelerate U.S. pay-by-bank adoption by leveraging its differentiated model, running bank payments over existing card rails,to deliver lower merchant costs without the friction of POS integration. The move reflects rising merchant demand for cost-efficient, open-banking-aligned alternatives to card networks, with Spire aiming to capture everyday spend categories at a national scale.
Dallas’ Pay-By-Bank Solution Spire Raises $10M Series B, Appoints New CEO