About Spotii
Spotii is a company based in Dubai (United Arab Emirates) founded in 2019 by Anuscha Iqbal and Ziyaad Ahmed was acquired by NymCard in June 2023.. Spotii operates in a competitive market with competitors including Tabby, Tamara, Cashew Payments Technology, Postpay and Lazzypay, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Anuscha Iqbal, Ziyaad Ahmed
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Sectors
RetailFinancial Services
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Email
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Phone
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Website
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Social
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Funding Insights of Spotii
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Seed - Spotii | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spotii
Spotii has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Zip, NymCard and Daman Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manages diversified funds and investment portfolios for clients.
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Founded Year | Domain | Location | |
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Payment solutions are provided for deferred purchasing by Zip.
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Founded Year | Domain | Location | |
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NymCard is recognized as a card issuing and payment platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spotii
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Spotii
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spotii Comparisons
Competitors of Spotii
Spotii operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tabby, Tamara, Cashew Payments Technology, Postpay and Lazzypay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Purchase financing solutions are offered to businesses via installment payments.
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| domain | founded_year | HQ Location |
Buy-now-pay-later installment solutions are provided for retail shoppers.
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| domain | founded_year | HQ Location |
Payments are split into interest-free installments at point-of-sale.
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| domain | founded_year | HQ Location |
Developer of an online platform for point-of-sale financing
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| domain | founded_year | HQ Location |
Offers payment financing solutions for shoppers to enhance purchasing experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spotii
Frequently Asked Questions about Spotii
When was Spotii founded?
Spotii was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Spotii located?
Spotii is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Spotii?
Anuscha Iqbal is the current CEO of Spotii. They have also founded this company.
What does Spotii do?
Spotii was founded in 2019 in Dubai, United Arab Emirates, as a provider of purchase financing in the fintech sector. Installment payment options are enabled for users at partnered merchants, including those in fashion and consumer electronics. Payments are accepted via credit or debit cards, digital wallets, and other methods during checkout. Automatic repayments are scheduled by customers, with operations focused on the Middle East region.
Who are the top competitors of Spotii?
Spotii's top competitors include Tabby, Tamara and Cashew Payments Technology.
Who are Spotii's investors?
Spotii has 3 investors. Key investors include Zip, NymCard, and Daman Investments.
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