Where is Spar located?

Spar is headquartered in Kopavogur, Iceland.

How many employees does Spar have?

As of Jul 31, 2026, the latest employee count at Spar is 3.

Where does Spar rank among its competitors?

Spar ranks 10th amongst 10 active competitors, none of which are funded.

Who are the top competitors of Spar?

Spar's top competitors include Scotiabank, Landsbankinn and Islandsbanki. Among them, Scotiabank secured the most recent funding round in January, 2025.

Spar - 2026 Company Profile & Competitors

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

10^th among 10 active competitors

Employee Count

3 as on Jul 31, 2026

Similar Companies

Standard Chartered & 20423 more

View Spar's full profile

Spar has not raised any funding rounds yet.

Spar's employee count trend

Spar has 3 employees as of Jul 26. Here is Spar's employee count trend over the years:

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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	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
2nd	Landsbankinn 2008, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Danske Bank, Nordea & 1 others	60/100
3rd	Islandsbanki 2008, Kopavogur (Iceland), Funding Raised	Commercial banks	-	-	55/100
4th	Arion banki 1929, Reykjavik (Iceland), Public	Commercial Bank	-	Alva Capital	53/100
5th	Kvika 1999, Reykjavik (Iceland), Funding Raised	Commercial bank	-	Dun & Bradstreet, Alva Capital	51/100
6th	Bidvest Bank 2000, Johannesburg (South Africa), Acquired	Commercial bank	-	-	42/100
7th	First Community Bank 1983, Alice (United States), Unfunded	Community bank offering personal and business banking services with local focus	-	-	36/100
8th	Kreissparkasse Biberach 1853, Biberach (Germany), Unfunded	Commercial bank	-	-	36/100
9th	Kaupthing 1982, Reykjavik (Iceland), Unfunded	Commercial bank	-	-	32/100
10th	Spar 2003, Kopavogur (Iceland), Unfunded	Commercial bank	-	-	17/100