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.'
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
Employees: 11-50
Founded date: 2013
Investors 2
| Date | Name | Website |
| - | Techstars | techstars.... |
| - | Inv FinTec... | invfintech... |
Mentions in press and media 3
| Date | Title | Description |
| 10.10.2024 | Dejavoo and SPARE Offer Support to its Communities in Times of Disaster with Virtual ATM Technology | Dejavoo Logo SPARE - Virtual ATM In times of crisis, access to financial services is more essential than ever. SPARE provides immediate access to cash when traditional banking is not available. By partnering with SPARE to offer virtual ATM ... |
| 29.09.2022 | The Startup Battlefield 200: SaaS, Enterprise, Retail and FinTech edition | We’re beyond amazed at the collective creativity, ingenuity and technical prowess of the Startup Battlefield 200. Out of thousands of applications, only 200 early-stage startups made the final cut, and you’ll find all of them — and only the... |
| 10.03.2017 | Does Abra Pose a Threat to the Bitcoin ATM Industry? | - |