Spades launches operations in GCC after raising $2.5m

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RIYADH: Spades, a UAE-based fintech startup, has launched its operations in the UAE while expanding into the Gulf Cooperation Council region after a $2.5 million investment round the includes investors ssuch as Visa, Mastercard, and Ayden.

The company is a web-based application for customers and restaurants that allows guests to easily pay their bill by scanning a code or tapping to pay without any downloads or registration.

Getting positive feedback from its clients, Spades has already signed over 150 restaurants in its first 12 weeks of operation and is already growing its team for expansion plans.