> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE tap-to-pay fintech Spades raises $2.5 million
- URL: https://www.techloy.com/uae-tap-to-pay-fintech-spades-raises-2-5-million/
- Published: 2022-05-10T15:07:28.000Z
- Updated: 2022-12-08T00:28:59.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in the Middle East, Tech in UAE

[Spades](https://www.spadesapp.io/), a Dubai-based fintech startup offering tap-to-pay services for dine-in restaurants has raised $2.5 million from European angel investors including Thibaud Elziere, Eduardo Ronzano and Yan Hascoet, Othmane Bohlal and Omar Benmoussa. 

- Spades is a fintech solution platform that allows customers in restaurants to use tap-to-pay services or scan bar codes for payment without having to register or download any apps.
- The startup recorded 150 restaurant sign-up in the first week of launching and has partnered with NOLA, Couqley, Alaca and The Sum of Us among other UAE brands, the company claims.
- The startup launched in 2021 and targets convenience payment expansion in UAE and the Arab states.