ATMs. As of 2023, 3,207 active merchants contribute $5,000 monthly on average, resulting in over $16M in network cash availability. Our SaaS/Enterprise model, where merchants subscribe for an average of $49.99 per month, ensures a steady revenue stream, anticipating an increase from $1.92M in 2023 to over $3.84M by 2025.

Our growth strategy projects significant expansion over the next three years, with the total merchant base surpassing 22,000 and active participants reaching over 7,700. This growth translates into a total monthly network volume exceeding $38.5M. Our strategy includes partnering with banking institutions to extend their cash service reach without physical ATMs.

Led by experts in finance, technology, and business development, our team is committed to delivering innovative solutions, ensuring Spare's continued success. Spare's vision extends beyond providing a service; we aim to build an impactful and efficient financial ecosystem that adds value to our users, retail partners, and the broader community.