Spare

Empowering innovative businesses through Open Banking. We provide industry-leading APIs to help you build powerful financial products
🇧🇭 | 🇰🇼 | 🇸🇦 | 🇦🇪

[Property News International @propertynews_i]

Spare (@tryspare) has partnered with UAE-based online brokerage Tabadulat (@tabadulat) to integrate Pay-by-Bank into its investment platform, enabling near real-time account-to-account deposits and withdrawals.

The partnership brings Open Finance into the investment journey, allowing investors to move funds directly between their bank and brokerage accounts using regulated payment rails instead of traditional card-based funding.

Dalal AlRayes, Co-founder and CEO of Spare, said: “We're seeing Open Finance move beyond traditional payment use cases into wealth, trading, and digital asset platforms.”

Dalal AlRayes added: “Our partnership with Tabadulat marks an important milestone in bringing Open Finance to the investment journey.”

Samy Mohamad, Co-founder of Tabadulat, said: “Integrating Spare’s Pay by Bank infrastructure will help our investors move funds directly between their bank and investment accounts with greater speed and ease, while strengthening the safeguards behind every transaction.”

The partnership also supports compliance by verifying that deposit and withdrawal bank accounts match a customer’s verified identity, reducing fraud risk and supporting verified sources of funds.

Read More:
https://t.co/7uFhSd6tid

#OpenFinance #PayByBank #UAEFintech #DigitalInvestment

[UAE Fintech Vibes @uaefintechvibes]

@tryspare co-founder and CEO Dalal AlRayes on why her company's Open Finance infrastructure is starting with rent: "Rental payments are the ideal place to introduce Open Finance because the friction is so visible and costly."
https://t.co/pkf90nghhL

[UAE FinTech @UAEFinTech]

Fintechs @TrySpare and @XSquarePay partner to enable Open Finance-powered business payments

https://t.co/mlIXY1GDbB #uaefintech #fintechuae #fintech #fintechnews #financialtechnology #finance #openfinance #payments #digitalpayments #businesspayments

[FinTech Gate-بوابة التكنولوجيا المالية @FintechGate1]

شراكة جديدة لتعزيز مستقبل مدفوعات الشركات في الإمارات.

التفاصيل|| https://t.co/xiJ1GuGzZ2

@tryspare @xsquarepay

#FinTechGate #Spare #Xsquare #OpenFinance #PayByBank #DigitalPayments #API #UAE #Fintech #fintech_gate

[Property News International @propertynews_i]

Spare (@tryspare) has partnered with UAE-based B2B payments company Xsquare to deliver Open Finance-powered business payment solutions under the Central Bank of the UAE’s Open Finance Framework.

The partnership integrates Pay by Bank capabilities into business payment workflows, helping companies reduce transaction costs, improve cash flow and simplify payment operations across payables, receivables and cross-border payments.

Through Spare’s Open Finance infrastructure and unified API, Xsquare clients will be able to access account-to-account payment capabilities with lower transaction costs, near real-time settlement and reduced operational complexity.

Dalal AlRayes, Co-founder and CEO of Spare, said: “B2B payments across the region remain heavily fragmented, expensive, and operationally complex. Partnering with Xsquare allows us to bring Open Finance capabilities into real-world business payment workflows.”

Ashwin Shenoy, CPO & Co-Founder of Xsquare, said: “Open Finance is set to fundamentally reshape how businesses transact, and we believe the UAE is uniquely positioned to lead this transformation.”

Read More at:
https://t.co/fJSYfQjxEh

#OpenFinance #UAEFintech #BusinessPayments #PayByBank

[Spare @tryspare]

كل عام وانتم بخير بقدوم شهر الخير

[RER | السجل العقاري @RERSaudi]

انطلاقًا من دوره في تطوير المنظومة العقارية الرقمية.

وقّع #السجل_العقاري اتفاقية تعاون مع شركة سبير @tryspare لتفعيل خدمات الاستعلام العقاري وتبادل البيانات، بما يعزز موثوقية المعلومات ويُسهِم في رفع كفاءة القطاع العقاري.

#سيتي_سكيب_العالمي 2025

[Spare @tryspare]

Open Finance is live in the UAE 🇦🇪

Spare has graduated from the CBUAE Sandbox and is now live with Open Finance payments. 

Banks are connected, infrastructure is live, and we are onboarding partners across the UAE ecosystem.

If you are building for the UAE, Spare is ready.

[القبس @alqabas]

#سبير تجمع 5 ملايين دولار ضمن جولة تمويل

• لبناء الجيل القادم من الخدمات المصرفية المفتوحة

• دلال الريس: نعمل على تأسيس بنية تحتية مالية ستمكن الجيل القادم من #الشركات في المنطقة

https://t.co/xyPYK6FAkR

[Vision Ventures @VisionVCco]

We are glad to announce our participation in the Series A funding round of our portfolio company @tryspare for US$ 5m lead by @ANB_Capital and participation of @500vc_mena @seedra @MEVPcapital and Boubyan Capital

Spare is one of the largest open finance service providers in MENA

[Vision Ventures @VisionVCco]

يسعدنا الاعلان عن جولة المرحلة أ لاحدى شركات محفظتنا @tryspare بمبلغ ١٨،٧٥ مليون ريال بقيادة @ANB_Capital ومشاركتنا بالاضافة الى @seedra @500vc_mena @MEVPcapital و Boubyan Ventures

@tryspare هي احد اكبر مقدمي خدمات المصرفية المفتوحة بالمنطقة وتعمل في السعودية والبحرين والامارات

[جولة @Jawlahco]

شركة @tryspare السعودية تُغلق جولة استثمارية (Pre-Series A) بقيمة 5 ملايين دولار في #Money2020MiddleEast.

قاد الجولة صندوق anb Seed Fund، بمشاركة كل من @500vc_mena و @VisionVCco و @seedra و @MEVPcapital و Boubyan Ventures إلى جانب مستثمرين آخرين.

https://t.co/M7C2JDyGjL

[Zero to One @ZTO__MENA]

Saudi-based @tryspare Closes $5M Pre Series A Round

Investors:

Led by anb Seed Fund from @ANB_Capital, with participation from @500vc_mena, @VisionVCco, @seedra, @MEVPcapital, Boubyan Ventures, and other investors

- Spare is an open banking infrastructure provider.

- It provides a unified API platform for financial data access and account-to-account payments, enabling capabilities such as account aggregation, identity verification, risk assessment, and single recurring payments.

- The investment will be used to expand integrations with banks and financial institutions, enhance product development, and grow its services across the region.

- Founded in 2019 by Dalal AlRayes and Saurabh Shah

[Wamda ومضة @WamdaME]

Saudi Arabia-based fintech @trySpare has raised $5 million in pre-Series A led by anb Seed Fund, with participation from 500 MENA, Vision Ventures, SEEDRA Ventures, MEVP, Boubyan Ventures and others. 🔗 https://t.co/2iPI8bS9oi

Founded in 2019 by Dalal Alrayes and Sourabh Shah, Spare provides open banking APIs for account data access, account-to-account payments, identity verification, risk scoring, and recurring payments.

[Spare @tryspare]

🚀 بكرا ينطلق معرض الرياض!
@money2020_me

فريق سبير متحمّس يستقبلكم و بتلقون كل فريقنا موجودين يفيدونكم عن خدمات المصرفية المفتوحة و كيف تفتح مجالات جديدة وتضيف حلول لأعمالكم.

👋 مرّوا علينا أو احجزوا اجتماع مخصص معنا من هنا: https://t.co/VZwQ9ij1Qk

[Spare @tryspare]

We’re thrilled to share that Spare has received in-principle approval from the Central Bank of The UAE (CBUAE) to be licensed for #OpenFinance — placing Spare in the first cohort of companies shaping the future of financial services in the region.

#openfinance #openbanking

[Zero to One @ZTO__MENA]

A quick overview of open banking platforms in Saudi Arabia 💰

[Spare @tryspare]

مصطلحات المصرفية المفتوحة… صارت أوضح.
من الـ APIs إلى تجميع الحسابات، نبسّط لك أهم المفاهيم اللي يحتاج يعرفها كل صاحب عمل.
تعرّف على لغة الابتكار المالي، وكيف ممكن تغيّر طريقة إدارتك لأعمالك 📊