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Spare

2 known investors

Find your way into Spare

Spare provides financial data and payment infrastructure services for banks, fintechs, and financial institutions across the MENA region. The company offers reliable, compliant APIs and modern interfaces that simplify access to financial data without requiring complex custom integration.

Data & InfrastructureFintechSaaS

Founders & leadership

DADalal Alrayes
Dalal AlrayesinCo-founder & CEO
SSSaurabh Shah
Saurabh ShahinCo-Founder

Investors · 2

500 GlobalSan Francisco · $150K
Vision VenturesDammam · $60K – $27M

Funding

SEC filings, press & company announcements

$47M disclosed across 2 of 4 rounds · 2024–2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Spare Raises $5M Pre-Series Athesaasnews.com · Jul 2026Riyadh-based Spare raises $5mln pre-Series A funding to fuel expansion in GCCzawya.com · Sep 2025Spare Secures USD 5 million in Pre-Series A Funding to Build the Next Generation of Open Banking Infrastructure | Spare's blogtryspare.com · Sep 2025Spare-it raises $4M seed round to tackle the solid waste crisis - ReThink HKrethink-event.com · Apr 2025Spare Raises $42M in Series B Fundingfinsmes.com · Sep 2024Spare Raises $42 Million in Series B Funding to Expand Demand Response Transit Solutions — VS News Networkvsnewsnetwork.com · Sep 2024

Frequently asked questions

What does Spare do?
Spare provides financial data and payment infrastructure services for banks, fintechs, and financial institutions across the MENA region. The company offers reliable, compliant APIs and modern interfaces that simplify access to financial data without requiring complex custom integration.
Who founded Spare?
Spare was founded by Dalal Alrayes, Saurabh Shah.
Who are Spare's investors?
Spare's investors include 500 Global, Vision Ventures.
How much funding has Spare raised?
Spare has disclosed $47M raised across 2 of its 4 known rounds.