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barq
Saudi Arabia · Fintech
A Saudi financial app for consumers and businesses to manage digital accounts, pay and transfer money, use payment cards and handle everyday finances.
Product
Consumers use barq to manage an account, transfer money locally and internationally, and manage Mada and Visa cards. The app also offers rewards, family accounts and shared-expense tools.
Business accounts help merchants receive and send payments, manage funds, make disbursements and track spending. The consumer and merchant services bring daily payments and money management into one app.
- Headquarters
- Riyadh, Saudi Arabia
- Product maturity
- Live digital finance app; the company reported 15M+ users and SAR 440bn processed.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series A | $329.5M | M20 Fund — ParticipantNoon Investments — ParticipantSohar International Bank — Participant |