Spare and Xsquare Partner to Embed Pay-by-Bank in UAE B2B Payments

Spare and Xsquare announced a partnership on Jul 10, 2026 to enable open finance-powered business payments. The collaboration connects Spare's open finance infrastructure with Xsquare's B2B platform to facilitate account-to-account transactions for businesses. The integration targets corporate payment workflows, replacing traditional card-based rails with direct bank-to-bank transfers.

Spare operates as an open finance provider focused on Pay-by-Bank capabilities. Financial terms of the partnership were not disclosed. The announcement was published on Spare's company blog.