Spare Information

Spare is an open banking fintech company. We provide a seamless, secure, platform that allows businesses to access their customers' financial data, enabling them to build innovative financial products. Spare's platform connects with all banks in the region and offers a single connection to businesses, simplifying the access to data. Spare is licensed by the Central Bank of Bahrain as an Account Information Service Provider and Payment Initiation Service Provider (AISP/PISP). Spare is certified as an open banking provider in KSA under SAMA Fintech Regulatory Sandbox, and is currently testing open banking services in Kuwait under the Central Bank of Kuwait sandbox. Spare also has an in-principal approval for an Open Finance license under Central Bank of UAE.