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Xare logo — Xare ( /share/) is a revolutionary new app which allows anyo...

Xare

Xare ( /share/) is a revolutionary new app which allows anyone to be a bank to their tribe

Founded 2020 United Arab Emirates United Arab Emirates 23 employees Seed Total: $3.00M Financial Services, Fintech +1

General Information

Company Name Xare
Founded Year 2020
Location United Arab Emirates United Arab Emirates
Employees 23
Industries Financial Services, Fintech, Payments
Funding Stage Seed
Business Model P2P, B2C, Platform
Revenue Model Transaction Fee, Service Fee, Commission
Offices as of Oct 2026
Dubai, United Arab Emirates London, United Kingdom gurugram, India
Social

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About Xare

Xare is a dynamic player in the Fintech sector, established in 2020 and headquartered in the United Arab Emirates. Positioning itself as a revolutionary app, the company's mission is encapsulated in its slogan: "Xare (/share/) is a revolutionary new app which allows anyone to be a bank to their tribe."

The app is designed to democratize financial access by enabling individuals to share their debit or credit card access with others in their network—be it family, friends, or business circles. This innovative approach has the potential to transform traditional remittance models and provides a flexible tool for managing personal and business finances.

In its recent financial activities, Xare secured a $3.00M Seed Round investment on 20 May 2021, with participation from notable investors such as MS&AD Ventures and Khwarizmi Ventures. This funding is a testament to investor confidence in Xare's distinct business model and market potential.

Business keywords: Peer-to-Peer Lending, Digital Banking, Financial Inclusion, Personal Finance Management, Card Sharing, Alternative Banking Solutions, Financial Empowerment, Remittance Alternative, Expense Management, Credit Sharing, Community Banking, Family Finance Solutions

Services & Products

card sharing platform
instant card access
global money sharing
expense tracking

Target Customers

families expats small business owners students individuals without bank accounts

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $3.00M 1
MS&AD Ventures
MS&AD Ventures
01 May 2021

Xare Alternatives & Competitors

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Xare vs
Finoo Inc.
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FAQ About Xare

Xare ( /share/) is a revolutionary new app which allows anyone to be a bank to their tribe
Xare was founded in 2020.
Xare is headquartered in United Arab Emirates. As of Oct 2026, it also has offices in Dubai, United Arab Emirates, London, United Kingdom and gurugram, India.
Xare operates in Financial Services, Fintech and Payments. Its work centres on Peer-to-Peer Lending, Digital Banking, Financial Inclusion and Personal Finance Management. Its customers include families, expats and small business owners.
Xare has a P2P, B2C and Platform business model. Its revenue comes from Transaction Fee, Service Fee and Commission.
Xare has approximately 23 employees.
Xare has completed 1 funding round, raising a total of $3.00M. The latest funding stage is Seed.
Xare offers: card sharing platform, instant card access, global money sharing, expense tracking.
Top alternatives and competitors to Xare include Hundy, Inc., Fundary, Finoo Inc., Petal, Pigeon. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xare and Hundy, Inc. 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 Xare, https://bouncewatch.com/company/xare, updated 7 October 2026. When citing, please name BounceWatch and link this page.

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