Spinwheel Becomes a Consumer Reporting Agency

Spinwheel, a leading API-based credit data and payments platform, announced that it is now operating as a consumer reporting agency (CRA). This designation ensures Spinwheel can operate under the highest standards of compliance, security, and data governance while strengthening protections for consumers.

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“Consumer debt has become increasingly fragmented and complex, making it harder than ever for both consumers and financial providers to see real-time and accurate credit profiles and reporting,” said Tomás Campos, co-founder and CEO, Spinwheel. “By operating as a CRA, we ensure the permissions, governance, and defensibility that financial innovators need to confidently use real-time data in high-stakes decision-making and help consumers take action on their financial needs.”

Spinwheel serves lenders, marketplaces, credit unions, and personal finance platforms that need an accurate, up-to-date view of what consumers actually owe rather than static snapshots or partial data. Through simple, developer-friendly APIs and agentic AI solutions, Spinwheel delivers permissioned, verified, real-time consumer credit attributes and comprehensive liability data across every major debt category — now with the standards required of a consumer reporting agency.

“As we looked at the needs of lenders, financial institutions, and fintechs — the clients we serve, we identified a gap between Spinwheel’s modern liability data platform and traditional bureau reporting,” said Spinwheel’s Chief Operating Officer Sean Anderson. “Operating as a CRA allows us to bridge that gap by delivering more comprehensive liability intelligence while supporting financial institutions across the full consumer lifecycle. This step reinforces our consumer-centric mission while strengthening regulatory alignment and trust across the financial ecosystem.”

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