RayTap-to-pay powerbank sharing across the UAE and GCC

Dubai-based startup Ray secured $1.2 million in seed funding to launch its powerbank-sharing service across the UAE and GCC. Uses Tap-to-Pay technology (card, Apple Pay, Google Pay) to rent a powerbank in 15 seconds — no app required. Acquired competitor JetCharge in May 2026 to consolidate the Dubai market.

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