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Spare Payments

Spare is an electronic payments business helping school campuses become cash-free. With Spare installed in schools, parents can be confident that their child will always be able to purchase whatever they require without carrying cash; no more forgetting or losing their allowance, and no more bullying.

Created with Highcharts 11.4.6Highcharts.com

Total Fundraised$100K

Pre-Seed
Calendar Image2018
Established
HeadquarterGradient ImageCairo, Egypt
Headquarter
OperationalGradient Image
EGY
Operational Market
SectorGradient Image
E-Commerce
Fintech
Payment
Retail Technology
Sectors
EmployeeGradient Image1 - 10
Employees
PinGradient ImageSeed
Latest Known Stage
GlobeGradient Imagehttps://paywithspare.com/
Website

Spare Payments's Stages

Round Image

Others

Round Image

Pre-Seed

Round Image

Seed

Funding Types by Funds Raised (in USD)

Created with Highcharts 11.4.6Funding TypeTotal Amount100K100K----Round Raised in USDPre-SeedSeedOthers05K10K15K20K25K30K35K40K45K50K55K60K65K70K75K80K85K90K95K100K105K1…Highcharts.com

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Cumulative Funding Raised Over Time

Created with Highcharts 11.4.6Total Amount in USDFunding Rounds Over TimeTotal Raised in USDQ2 2017Q3 2018Q2 2020025K50K75K100K125KHighcharts.com

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Spare Payments's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

Funding Type Image
Others
01 Jun 2017

-

1 Investors

Funding Type Image
Pre-Seed
08 Aug 2018

100K

1 Investors

Funding Type Image
Seed
03 Jun 2020

-

1 Investors

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Spare Payments's
Key Team Members

Mohamed Zohair
Mohamad Tawakol