The network provides users with immediate access to cash, while eliminating withdrawal fees and helps to build community by increasing foot traffic to local merchants and creating peer-to-peer exchange rather than person-to-machine exchange.
Using patented mobile technology, SPARE allows users to enter any participating location and withdraw cash in seconds and for free by tapping their mobile device on the counter-top chip reader. No debit or credit card is required, as users may access funds from a growing range of services which today include any debit or credit card as well as Apple Pay, Google Pay, PayPal and Coinbase wallets. SPARE's wallet agnostic network also facilitates the free flow of cash within a peer-to-peer payment playground that truly offers users a platform supporting 'free and fair trade.'
Location: United States, California, West Hollywood
Member count: 11-50
Founded date: 2013
Investors 2
| Date | Name | Website |
| - | Techstars | techstars.... |
| - | Inv FinTec... | invfintech... |
Mentions in press and media 2
| Date | Title | Description | Category | Author | Source |
| 29.09.2022 | The Startu... | We’re beyond amazed at the col... | Disrupt, T... | Lauren Sim... | techcrunch... |
| 10.03.2017 | Does Abra ... | - | - | - | thebitcoin... |