Spare Payments
Founded 2018 · 19 employees on LinkedIn · 1 known investors
Find your way into Spare Payments
Sign up to see every warm intro you have to Spare Payments
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Spare Payments team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Spare provides a contactless payment and school-management platform that lets schools collect and manage fees for canteens, trips, events and extra-curricular activities, with students paying via wristband, phone, card or student ID. It also offers tools for attendance tracking, bus scheduling, parent communication, inventory management, spending limits and allergen controls from a central dashboard.
Founders & leadership
Spare Payments was founded in 2018 by Mohamad Tawakol and Mohamed Zohair.
Investors · 1
How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us
Frequently asked questions
- What does Spare Payments do?
- Spare provides a contactless payment and school-management platform that lets schools collect and manage fees for canteens, trips, events and extra-curricular activities, with students paying via wristband, phone, card or student ID. It also offers tools for attendance tracking, bus scheduling, parent communication, inventory management, spending limits and allergen controls from a central dashboard.
- Who founded Spare Payments?
- Spare Payments was founded by Mohamad Tawakol, Mohamed Zohair in 2018.
- Who are Spare Payments's investors?
- Spare Payments's investors include 500 Global.

