Spun Labs
Spun Labs offers the Spun card, a financial platform for creative professionals that combines rewards, financing, and income tracking in a single product. The card provides early access to earned income without requiring creators to give up ownership of their work, while an AI assistant called Raymond analyzes finances and predicts future income. Users can manage project budgets, track multiple income streams, and automatically organize expenses to identify potential tax write-offs.
- Financial Technology
- Creator / Creative Economy
- Artificial Intelligence
- Software Only
- Data & Analytics
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Creative professionals often face cash flow gaps because royalty payments arrive on schedules set by labels, distributors, or streaming platforms, rather than when the money is needed. Traditional banking products do not understand the irregular income patterns of creative work, leaving creators without timely access to their earned income or useful financial tools.
Solution
The Spun card provides a financial platform designed specifically for creators, combining a card with rewards, financing, and income tracking in one product. Users can access income sooner without giving up ownership of their work, while tracking multiple income streams and viewing predictive earnings forecasts. The card lets creators manage project budgets and contractor payments in one place, and automatically organizes expenses to surface potential tax write-offs. A built-in AI called Raymond analyzes the user's finances, tracks new activity, and predicts future income to support better financial decisions. Cardholders can earn rewards on tools, travel, and supplies needed for their creative businesses. The platform is built and backed by experts from Fortune 500 companies, bringing enterprise-grade financial tools to individual creators.
Target Audience
The primary users are individual creators—including musicians, artists, and other independent creative professionals—who need banking and financial tools tailored to irregular income from royalties and creative projects. The platform also serves creators who work with record labels, management companies, or distributors that have established relationships with Spun.
Features
- Hybrid card product combining rewards, financing, and income tracking in a single offering
- Early income access that does not require giving up ownership of creative work
- AI-driven income prediction and financial analysis via "Raymond," which continuously monitors activity
- Project budget management and contractor payment tools consolidated in one interface
- Automatic expense categorization designed to identify potential tax write-offs
- Rewards program on business-related purchases including tools, travel, and supplies
- Royalty statement ingestion and analysis with annotated payout tracking
- Integration with bank accounts and the Increase card-issuing platform for transactions and withdrawals