FundedIQ
Financial Services

Sparq: Funding, Investors & Team (Sep 2026)

SPARQ OÜ is a fintech company that created and developed a personal financial platform for everyday use. SPARQ’s personal finance platform is a unique technology that allows users to take their finances to a whole new level, i.e., to categorize their spending, manage their subscriptions, complete financial challenges to earn SPARQ’s internal currency (Q-points), make free European payments, earn special rewards, offers and challenges from partner companies and socialize their financial life.

www.sparq.eu LinkedIn Tallinn, Estonia 11-50 employees
Total raised
$400k
Rounds
1
Latest
Undisclosed round
Sep 2020

Sparq has raised $400k across 1 funding round on record, the most recent an undisclosed round of $400k announced in Sep 2020.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Sparq Company Profile and Key Stats

Total funding raised
$400k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$400k in Sep 2020
Employees
11-50
reported band
Headquarters
Tallinn, Estonia

Latest funding round on record: Sep 2020.

Sparq Funding Rounds

Date
Round
Amount
Undisclosed round
$400k

Sparq Founders and Leadership Team

Name
Role
Contact
Danila Belokons
CEO

No contact details are on record for this team yet.

Sparq Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
221
$1.9M

Sparq's latest round of $400k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Sparq in Financial Services and Tallinn

Companies Similar to Sparq

Sparq Funding FAQs

What does Sparq do?

SPARQ OÜ is a fintech company that created and developed a personal financial platform for everyday use. SPARQ’s personal finance platform is a unique technology that allows users to take their finances to a whole new level, i.e., to categorize their spending, manage their subscriptions, complete financial challenges to earn SPARQ’s internal currency (Q-points), make free European payments, earn special rewards, offers and challenges from partner companies and socialize their financial life.

How much funding has Sparq raised?

Sparq has raised $400k across 1 round on record. The most recent is an undisclosed round of $400k announced in Sep 2020.

When did Sparq last raise funding?

Sparq's most recent funding round on record is an undisclosed round of $400k, announced in Sep 2020.

Who is the CEO of Sparq?

Danila Belokons is listed as CEO at Sparq.

Where is Sparq headquartered?

Sparq is based in Tallinn, Harjumaa, Estonia.

How many employees does Sparq have?

Sparq is in the 11-50 employee band.

How does Sparq's funding compare to other Financial Services startups?

Sparq's latest round of $400k is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Sparq Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sparq is left off this page rather than filled in.

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