SPARQ, founded in 2019 and based in Tallinn, is developing a personal-finance app aimed at millennials. Its core product work centers on an Early Access Stage and a SPARQ dashboard that analyzes daily spending, monthly fixed bills, and planned savings to give users an overview of financial health. The app emphasizes gamification and a virtual currency called “Q Points” that functions like a loyalty scheme. SPARQ plans to invest in UX development of the dashboard and to scale marketing to attract more early adopters. The company has released an early adopter pack and reports strong growth in new users despite being in early development. Financially, SPARQ completed a seed funding round that brought total funding to over €500K.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2020