Where is Xare located?

Xare is headquartered in Dubai, United Arab Emirates.

Who is the current CEO of Xare?

Padmini Gupta of Xare. They have also founded 1 company.

How many employees does Xare have?

As of Aug 31, 2026, the latest employee count at Xare is 22.

Where does Xare rank among its competitors?

Xare ranks 106th amongst 1016 active competitors, of which 118 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Airwallex, which secured $320M in Jun, 2026.

Who are the top competitors of Xare?

Xare's top competitors include Remitly, Payoneer and Airwallex. Among them, Airwallex secured the most recent funding round in June, 2026.

Xare - 2026 Company Profile, Team, Funding & Competitors

Company Details

Global payments platform for individuals & businesses. It allows users to send, receive, and make payments across borders using credit & debit cards and bank transfers. Businesses can make international employees, manage business expenses, and settle global suppliers.

Website: www.xare.co/
Social
Email ID: *****@xare.co
Part Of

Key Metrics

Founded Year

2020

Location

Dubai, United Arab Emirates

Stage

Funding Raised

Investors

MS&AD Ventures & 6 more

Ranked

106^th among 1016 active competitors

Employee Count

22 as on Aug 31, 2026

Investment & Acquisitions

Rive

Similar Companies

Remitly & 960 more

View Xare's full profile

Xare is a funded company. Xare has 7 institutional investors.

View details of Xare's funding rounds and investors

The founders of Xare are Milind Singh, Mandeep Singh and Padmini Gupta. Padmini Gupta is the CEO of Xare.

Here are the details of Xare's key team members:

Milind Singh: Co-Founder & CPO of Xare and founder of 1 other company.
Contact Info: 1 email address
Mandeep Singh: Co-Founder & CTO of Xare and founder of 1 other company.
Contact Info: 2 email addresses
Padmini Gupta: Co-Founder & CEO of Xare and founder of 1 other company.
Contact Info: 2 email addresses

View details of Xare's Founder profiles and Board Members

Xare's employee count trend

Xare has 22 employees as of Aug 26. Here is Xare's employee count trend over the years:

Uncover Xare's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Xare include Remitly, Payoneer and Airwallex. Here is the list of Top 10 competitors of Xare, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 39 others	85/100
2nd	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 24 others	84/100
3rd	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
4th	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
5th	Wise 2011, Shoreditch (United Kingdom), Public	Provider of international money transfer and multi-currency	$397M	Valar Ventures, Baillie Gifford & 106 others	78/100
6th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Lerer Hippeau & 8 others	76/100
7th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	73/100
8th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
9th	Kadmos 2021, Germany, Acquired	Provider of a platform for managing and automating international salary payments	$38.9M	Addition, Blossom Capital & 22 others	72/100
10th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 13 others	71/100
106th	Xare 2020, Dubai (United Arab Emirates), Funding Raised	Global payments platform for individuals & businesses	-	MS&AD Ventures, Khwarizmi Ventures & 5 others	40/100