Company Information

Get to know Spare

Founded in 2015, Spare Labs Inc. is a technology company dedicated to improving mobility. Its mission is to make transportation more efficient, accessible, and equitable for everyone. The company offers a B2B/B2G SaaS (Software as a Service) platform that acts as an operating system for transit agencies, municipalities, and private operators. This platform enables them to plan, launch, operate, and scale on-demand microtransit, paratransit, and other specialized mobility services, optimizing fleets and enhancing the rider experience through data-driven insights.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Spare

Kuwait

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.