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Spare
5 known investors
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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.
Founders & leadership
Investors · 5
How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us
How we know: Vision Ventures's portfolio page · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
Funding
SEC filings, press & company announcements$47M disclosed across 2 of 4 rounds · 2024–2026
- Undisclosed amountPre-Series AJul 2026Source ↗
- $5MPre-Series ASep 2025 · 2 sourcesSource ↗
- Undisclosed amountseed roundApr 2025Source ↗
- $42MSeries BSep 2024 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
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, Inovia Capital, Middle East Venture Partners (MEVP), Techstars.
- How much funding has Spare raised?
- Spare has disclosed $47M raised across 2 of its 4 known rounds.