In The News
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Featured Coverage
December 8, 2020
Dubai based financial services platform, rise, which launched Xare, said it is a mobile app that allows users anywhere in India and globally to share (xare) their account and credit without any additional costs.
July 8, 2020
Xare offers features like controlled sharing of un-used credit limit and debit cards, all without the beneficiary needing their own bank account. This allows for multiple use cases such as family finance management, lending and free instant remittances to name a few.
June 10, 2020
Despite the astonishing growth of digital payments – cash still accounts for 70% of all consumer transactions in the country. Understanding why requires a view into who still spends in cash in India and what are the barriers to digital payment adoption.
June 10, 2020
We are excited to be partnering with DIFC and MEVP in building a unique global migrant banking platform. Migrants in the GCC earn $150 billion a year and we are helping them better manage that income through partnerships with institutions regionally and in migrant home countries.
June 21, 2022
Xare, under the leadership of Padmini Gupta, the company’s co-founder and CEO, aims to enable the 4.5 billion people on the planet who don’t work yet control $25 Trillion of the spending.
May 12, 2022
We are very excited about our collaboration with UAE’s beloved brand, Barakat – and look forward to a fruitful relationship. Xare’s money-sharing platform has a wide array of online retailers from popular categories, such as fashion, home décor, and electronics.
May 10, 2022
Xare, the world’s first and revolutionary money-sharing app, and UAE’s homegrown ultra-fresh juice maker and a leading supplier of fresh produce, Barakat, have announced a partnership to offer a seamless payment option...
May 10, 2022
Xare enables a seamless payment and checkout experience on the Barakat App. We hope this integration makes it easier for our consumers in the UAE to order healthy, fresh food from the comfort of their homes,” said Kenneth D’Costa, MD , Barakat
January 25, 2021
Founder Padmini Gupta, who previously worked in corporate banking in the US, says she had the idea for Rise after her own helper asked for a year’s worth of salary to be paid in advance because of a crisis at home.
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