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Xare lets users share controlled access to money with friends and family through digital cards.
Founded in 2020 and based in London, Xare develops a fintech app for sharing access to money while retaining control over spending. Users can create cards with limits and expiry dates, share them with friends or family, and shop at stores around the world. In March 2020, it raised 1.4 million in venture funding led by Middle East Venture Partners, with Dubai International Financial Centre, 500 Startups, Khwarizmi Ventures, and Phoenician Funds participating.
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