Barq is a Riyadh-based digital payments company that has raised $329.5 million in Series A funding, achieving a $1.85 billion valuation and becoming a unicorn. The company offers inclusive financial services to 15 million users from 210 nationalities, with features like instant accounts, virtual and physical cards, and international remittances. The new funding will be used for product development, expanding into new markets, and improving operational efficiency.

Total raised
Undisclosed
across 2 rounds
Latest round
$329M
Sep 16, 2026
Known investors
4
led by Noon Investments
Press coverage
11
outlets tracked

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Funding history

  1. 2
    $329MSep 16, 2026

    Led by Noon Investments

    Announcement ↗
  2. 1
    USD 329.5 millionSeries ASep 15, 2026
    Announcement ↗

Founder

Ahmed Alenazi
Ahmed Alenazi
CEO

Investors in barq

Backers from this company's tracked funding rounds.

  • NNoon InvestmentsLead investorVC firm
  • SSohar International BankVC firm
  • MM20 FundVC firm
  • MM20 FunVC firm

barq in the news

Coverage of this company's funding, tracked by Datapile.

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