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 MoneyHash partners with Spare to enable Pay By Bank account-to-account payments in the UAE, supporting open banking adoption across the GCC, led by MoneyHash COO Maram Alikaj.

MoneyHash and Spare Announce Strategic Partnership to Advance Open Banking Adoption in the Region

January 12 2026

MoneyHash and Spare announced a new partnership to enable merchants to offer Pay By Bank solutions in the UAE

News

 Spare founders Dalal AlRayes and Saurabh Shah secure $5M pre-Series A funding led by anb Seed Fund to expand open banking infrastructure across MENA.

Spare Secures $5mln in Pre-Series A Funding to Build the Next Generation of Open Banking Infrastructure

September 16 2025

Spare, a fast-growing open banking infrastructure provider based in Riyadh, raised USD 5 million in a pre-Series A funding round

News

 Spare Open Finance UAE Approval from Central Bank of UAE

Spare Receives In-Principle Approval From the Central Bank of the UAE for Open Finance License

August 1 2025

Spare has received In-Principle Approval (IPA) from the CBUAE to operate under the country’s Open Finance regulatory framework.

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 Spare closes a $3mln investment to lead open banking innovation in the Middle East

Spare closes a $3mln investment to lead open banking innovation in the Middle East

December 20 2023

Spare, the pioneering open banking services provider, today announced the close of a $3 million […]