SpendAble logo — Making money safer and more accessible for every person with...

SpendAble

Making money safer and more accessible for every person with disability and elderly person with smart payment solutions

Founded 2020 Australia Melbourne, Australia 11 employees Seed Total: $120.00K Financial Services, Payments

General Information

Company Name SpendAble
Founded Year 2020
Location Australia Melbourne, Australia
Employees 11
Industries Financial Services, Payments
Funding Stage Seed
Social

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About SpendAble

SpendAble is a financial services startup founded in 2020, with a mission to make money safer and more accessible for individuals with disabilities and the elderly through smart payment solutions. The company offers the world's first debit card designed to meet the specific payment needs of these demographics. SpendAble's platform focuses on enhancing financial independence by providing capacity building, supported decision making, and skill development. The debit card network enables participants to connect trusted support workers to their funds in a secure and auditable manner, eliminating the need to hand over personal cash or debit cards. The core utility of SpendAble includes financial skill development, smarter shared payments for safer community access, 1-on-1 and group support environments, SIL and group home expense management, and service provider business expense solutions.

Recently, SpendAble secured a $100.00K Seed Round investment on 05 August 2024 from the investor Remarkable. The company operates within the Financial Services and Payments industries and can be explored further at www.spendable.com.au. With its innovative approach to financial inclusion and security for vulnerable populations, SpendAble presents a promising investment opportunity in the evolving landscape of fintech and inclusive finance.

Taxonomy: smart payment solutions, financial independence, capacity building, supported decision making, skill development, auditable transactions, expense management, business support services

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $100.00K 1
Remarkable
05 Aug 2024
Pre Seed Round $20.00K 1
Melbourne Accelerator Program (MAP)
16 Jun 2022

SpendAble Alternatives & Competitors

SpendAble vs
Juuli
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SpendAble vs
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FAQ About SpendAble

Making money safer and more accessible for every person with disability and elderly person with smart payment solutions
SpendAble was founded in 2020.
SpendAble is headquartered in Melbourne, Australia.
SpendAble operates in Financial Services and Payments. Its work centres on smart payment solutions, financial independence, capacity building and supported decision making.
SpendAble has approximately 11 employees.
SpendAble has completed 2 funding rounds, raising a total of $120.00K. The latest funding stage is Seed.
Top alternatives and competitors to SpendAble include Juuli, Anytime, Soldo, Mooncard, Boya. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SpendAble and Juuli are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SpendAble, https://bouncewatch.com/company/spendable, updated 6 December 2024. When citing, please name BounceWatch and link this page.

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