SparkGift
SparkGift, based in San Francisco, CA, is a fintech company that makes it easy to give investments as gifts, supporting small dollar gifts and fractional shares.
Company Name and Location
SparkGift, previously known as Spark Gift, is a fintech company based in San Francisco, CA, USA. It operates primarily in the United States of America and the America/Canada region.
Industry and Sub-Industry
SparkGift operates within the financial technology (fintech) sector, specifically focusing on consumer finance. The company is part of the Y-Combinator W15 batch, aligning it with numerous other innovative startups in the fintech space.
Services
SparkGift specializes in making it easy to give investments as gifts. The service supports small-dollar gifts and fractional shares, enabling users to give as little as $20 worth of investments in companies like Apple or Vanguard index funds. The platform aims to make investing simple, enjoyable, and accessible. It charges a fee of $2.95 plus 3% for gifting, while recipients pay nothing to redeem and hold their investments.
Mission
SparkGift's mission is to use gifts to create new savers and investors at scale. By allowing the gifting of fractional shares of stocks and index funds, the company aims to encourage more people to start investing, even with small amounts of money.
Guides and Resources
SparkGift offers various guides and resources to help users with their financial activities. These include detailed steps on how to buy Tesla stock in Canada, explaining the process of selecting a stock trading platform, opening an account, funding the account, and placing an order. Additionally, they provide a comprehensive guide on how to check the balance of a Safeway gift card online and in-store, including making payments, using the card without a PIN, and what to do if the card is lost.