Xare
Information by Research TrustFinance
Xare was a Singapore-based fintech company that provided a platform for sharing payment card access without revealing the physical card details. Users could create a virtual "Xare card" linked to their own credit or debit card and share it with family or friends. The recipient could then use this virtual card for online shopping and payments, with transactions being debited from the original owner's account. The company's mission was to democratize finance by enabling shared access to banking services, particularly targeting users in regions like India and the Middle East. Despite raising significant seed funding, the company ceased operations in March 2023.
United Arab Emirates
Industry
- Electronic PaymentPRIMARY
- Other Service
Financial