World1d ago
Saudi fintech barq closes $329.5m series A funding round
Saudi digital payments company barq announced the close of a series A funding round worth $329.5 million, at a valuation of $1.85 billion, marking a new milestone that reflects the growth the company has achieved since its launch. The funding round cements its position among the fastest-growing fintech companies in Saudi Arabia and the region. The round saw participation from Noon Investments, Sohar International Bank, and M20 Fund, a step that reflects investor confidence in barq’s trajectory
This story was originally reported by Arab News. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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