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Spar - About the company

Spar is an unfunded company based in Kopavogur (Iceland), founded in 2003. It operates as a Commercial bank. Spar has not raised any funding yet. The company has 10 active competitors, including 3 that have exited. Its top competitors include companies like Scotiabank, Landsbankinn and Islandsbanki.
Key Metrics
Founded Year
2003
Location
Kopavogur, Iceland
Stage
Unfunded
Ranked
Employee Count
3 as on May 31, 2026
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Spar's funding and investors

Spar has not raised any funding rounds yet.

Spar's founders and board of directors

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Spar's employee count trend

Spar has 3 employees as of May 26. Here is Spar's employee count trend over the years:
Employee count trend for Spar
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Spar's Competitors and alternates

Top competitors of Spar include Scotiabank, Landsbankinn and Islandsbanki. Here is the list of Top 10 competitors of Spar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
75/100
2nd
Logo for Landsbankinn
Landsbankinn
2008, Reykjavik (Iceland), Funding Raised
Commercial bank
-
64/100
3rd
Logo for Islandsbanki
Islandsbanki
2008, Kopavogur (Iceland), Funding Raised
Commercial banks
-
-
55/100
4th
Logo for Arion banki
Arion banki
1929, Reykjavik (Iceland), Public
Commercial Bank
-
53/100
5th
Logo for Kvika
Kvika
1999, Reykjavik (Iceland), Funding Raised
Commercial bank
-
51/100
6th
Logo for Bidvest Bank
Bidvest Bank
2000, Johannesburg (South Africa), Acquired
Commercial bank
-
-
42/100
7th
Logo for First Community Bank
First Community Bank
1983, Alice (United States), Unfunded
Community bank offering personal and business banking services with local focus
-
-
36/100
8th
Logo for Kreissparkasse Biberach
Kreissparkasse Biberach
1853, Biberach (Germany), Unfunded
Commercial bank
-
-
35/100
9th
Logo for Kaupthing
Kaupthing
1982, Reykjavik (Iceland), Unfunded
Commercial bank
-
-
32/100
10th
Logo for Spar
Spar
2003, Kopavogur (Iceland), Unfunded
Commercial bank
-
-
17/100
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Spar's Investments and acquisitions

Spar has made no investments or acquisitions yet.

FAQs about Spar

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