Arch Grants
  • Origin: TX
  • Grant awarded in: 2018

Involved Industries:


Contact Information

info@spendebt.com

832-844-1573


Support Organizations:


What is SpenDebt?


SpenDebt is helping save one million families from financial fatalities every time they swipe their debit card or have a banking transaction.
SpenDebt is a financial technology company designed to assist people to pay off debt or bills, leveraging micropayments (i.e. $1.00) through every day transactions. As a customer spends, a predefined amount is automatically added to the transaction, then those micropayments are added up and submitted as a monthly payment. SpenDebt makes debt or bill repayment automatic and creates discipline, providing on time payments that reduce consumer’s account balance over time and improves their financial health.


Company Leadership


Kiley Summers

SpenDebt’s Founder/CEO, Kiley Summers is a man of faith, husband, and father. Also, he is an Electrical Engineer from the Missouri University of Science and Technology. He has 8 years of experience working with a fortune 100 company as a Manufacturing Engineer and Business Unit Leader. His experience covers leading people, processes, and technology to produce premium products. He has led a successful $62 million automated warehouse startup, 4th in company’s history at that time. Mr. Summers founded SpenDebt after his family and he paid off $100,000 plus of debt.


Ty'Lisha Summers

As Co-Founder of SpenDebt, TyLisha brings more than 10 years experience working for a Fortune 500 company. Using her analytical skills, she created the first simulation to prove out SpenDebt’s micropayment concept. Along side her husband Kiley, they became debt free and developed a platform to help others achieve the same!


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