How does AlTareq work?

With your explicit consent, AlTareq allows regulated Third-Party Providers, such Spare, to securely connect to Licensed Financial Institutions. The connection is made through an Application Programming Interface (API); this is the same type of connection your mobile phone uses to connect your photos to your social media apps. However, AlTareq utilises the highest-grade of security for the connection. This enables us to offer enhanced financial products and services tailored to your needs.

Updated on: 27/01/2026