Connect customers financial data to apps and services they use in an easy and secure way through open banking

Spare allows customers in Bahrain, KSA and Kuwait to connect their financial data to apps and services they use in an easy and secure way. Spare also makes it easier for businesses to receive account to account payments.

Spare is licensed in Bahrain as an Account information service provider and Payment initiation service provider. Spare is also authorized to operate under the SAMA Regulatory sandbox and Central Bank of Kuwait Sandbox.

Company Details

Sector

Fintech

Location

Bahrain, Kuwait, Saudi Arabia

Founded

Q1 2018

Employees

6-10

Amount raised

USD $3m

Last Updated

March, 2023

Founding Team

Dalal Alrayes

CEO and Cofounder

Saurabh Shah

Cofounder

Looking for

Funding

Talent

Advisors