We’ve all looked at our credit card statements and seen the reference numbers that are just a string of letters, numbers and symbols that don’t mean much to the average consumer.
Most times the statement shows where something was purchased and the company, but what happens when a company’s name on the statement doesn’t match up to the receipt? For companies reconciling dozens or even hundreds of statements for its employees, that can translate into hours of playing detective.
The U.S. processed more than $124 billion credit and debit card transactions in 2020, so what if there was a way to more easily decipher that string of data? That’s exactly what Spade is working on.
The company, founded in 2021 by Oban MacTavish and Cooper Hart, is ...
