barq
barq is a company based in Saudi Arabia. Builders in Fintech has recorded 1 equity round for barq: a series a round of $329.5M on 15 September 2026.
Added ·
- $329.5M
- Series A · $329.5M · 15 September 2026
Timeline
Series A · $329.5M · M20 Fund, Noon Investments, Sohar International Bank
People
Current
- Ahmed Alenazi — Founder and CEO
All funding rounds in the database
Product
Saudi digital wallet with mada and Visa cards, local and international transfers
Digital banking
Markets: Saudi Arabia
barq is a digital wallet and personal account app for consumers in Saudi Arabia. Users add funds by card, bank transfer or cash and deposit machines, pay for goods and services, pay bills through SADAD, make wallet-to-wallet transfers, send money to bank accounts in the Kingdom and abroad, and withdraw funds. It issues digital and physical mada and Visa cards. The site lists controls to freeze a card, set spending limits and manage subscriptions and merchants, plus airport lounge access, travel insurance and merchant discounts on its Platinum card. Operator Barraq Finance Company is a Saudi closed joint-stock company that states it is supervised and licensed by the Saudi Central Bank.
Agent-Ready: not yet assessed · How we check
Description from the company website · Source