Xare
Xare ( /share/) is a revolutionary new app which allows anyone to be a bank to their tribe
Xare ( /share/) is a revolutionary new app which allows anyone to be a bank to their tribe
Xare is a revolutionary new app that aims to disrupt the financial services and fintech industries. Founded in 2020, the app allows anyone to be a bank to their tribe, creating a billion banks powered by everyday individuals who want to help each other access fair and equitable finance.
With the recent $3.00M Seed Round investment on 20 May 2021 from MS&AD Ventures and Khwarizmi Ventures, Xare is poised to expand its innovative platform. The app enables users to share access to their debit or credit cards within their tribe, facilitating activities such as issuing credit among friends, sharing money with family members, and managing business expenses more efficiently.
By leveraging existing resources, Xare offers a unique and accessible approach to financial services, encouraging individuals to participate actively in the banking ecosystem and empowering communities to support one another. As the fintech landscape continues to evolve, Xare's inclusive and collaborative model presents promising opportunities for sustainable growth and impact.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $3.00M | 2 |
|
20 May 2021 |
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