Spare Payments - Crunchbase Company Profile & Funding

Q: Where is Spare Payments's headquarters?

Spare Payments is located in Cairo, Al Qahirah, Egypt.

Q: Who invested in Spare Payments?

Spare Payments has 3 investors including DIFC FinTech Hive And 500 Global.

Q: When was the last funding round for Spare Payments?

Spare Payments closed its last funding round on obfuscated from a Pre-Seed round.

Q: How much funding has Spare Payments raised to date?

Spare Payments has raised obfuscated.

Overview

Spare Payments

Total Funding

obfuscation

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

AI Content may contain mistakes and is not legal, financial or investment advice.

Learn more.

Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

Recent Milestones

Raised Funding Round

Jan 1, 1970

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Raised Funding Round

Jan 1, 1970

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Raised Funding Round

Jan 1, 1970

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About Spare Payments

CB Rank

163496

Spare is an electronic payments business helping school campuses become cash-free.

Founded

obfuscation

Private

Pre-Seed

Cairo, Al Qahirah, Egypt

11-50

paywithspare.com/

E-Commerce

Electronics

Financial Services

FinTech

Payments

Retail Technology

Funding Rounds

Pre-Seed

OBF

obfuscation

Non-equity Assistance

OBF

obfuscation

Key People

Mohamed Zohair: Co-Founder
Mohamad Tawakol: CTO and Founder

Details

Legal Name

Spare L.L.C.

Also Known As

Spare

Operating Status

Active

Company Type

For Profit

Founders

Mohamad Tawakol, Mohamed Zohair

About the Company

Spare is an electronic payments company that helps campuses become safer and 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. Due to popular demand, it now includes a

safety layer that notifies parents when their child arrives or departs from school, keeping them informed of their child's safety and location.

Contact Email

support@paywithspare.com

Predictions & Insights

Growth Prediction

See this Growth Prediction

Products & Services

Spare Platform

A cloud-based platform that digitizes payments and automates internal school processes such as attendance tracking and bus scheduling through a centralized dashboard.

Canteen Payment Management

A system to collect canteen payments, apply discounts, track inventory, and manage sales through a centralized dashboard.

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Financials

Company Funding

Funding Rounds

Investors

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed

Funding Rounds

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed
obfuscated obfuscation	Pre Seed Round - Spare Payments	2	obfuscated obfuscation	—	Pre-Seed

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
DIFC FinTech Hive	—	Pre Seed Round - Spare Payments	—
DIFC FinTech Hive	—	Pre Seed Round - Spare Payments	—
DIFC FinTech Hive	—	Pre Seed Round - Spare Payments	—
DIFC FinTech Hive	—	Pre Seed Round - Spare Payments	—
DIFC FinTech Hive	—	Pre Seed Round - Spare Payments	—