barq

Raised $330M in a Series A round, announced 15 September 2026.

Round

barq closed a $329.5 million Series A to improve operations, develop financial products and technology, and expand into regional and international markets.

Amount
$330M
Stage
Series A
Announced
15 September 2026
Investors
Noon Investments, Sohar International Bank, M20 Fund
Use of funds
Strengthening operational efficiency, developing products, new financial and technology solutions, and regional and international expansion.
Valuation
$1.9B
Checked
Amount and date checked against the press source

Company

Offers digital payments and money transfer services through a mobile app

Based in
Riyadh, Saudi Arabia
Founded
2023
Sector
Fintech
Website
barq.com ↗

Founder

Sources and links

Source
Saudi fintech barq closes $329.5 million Series A wamda.com
Website
barq.com ↗
LinkedIn
Ahmed Alenazi ↗
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