barq closes $329.5M Series A at $1.85B valuation, backed by Noon Investments, Sohar International Bank, and M20 Fund.
Amount Raised
$330 Million
Round Type
Series A
Saudi ArabiaFinancial ServicesPaymentsFinanceFintechLendingInvestors
Description
Digital payments firm barq has completed a Series A funding round totaling $329.5 million, valuing the company at $1.85 billion. The round was led by Noon Investments, Sohar International Bank, and M20 Fund. barq has grown to over 15 million users across 210 nationalities in under two years, processing over SAR 440 billion in funds. The capital will support operational efficiency, product development, and expansion into new regional and international markets.
Quick answer
barq raised $330 Million in a Series A round, dated September 15, 2026. Investors: M20 Fund, Noon Investments and Sohar International Bank. barq is based in Saudi Arabia.
- How much did barq raise?
- barq raised $330 Million in a Series A round on September 15, 2026.
- Who invested in barq?
- M20 Fund, Noon Investments and Sohar International Bank are named as investors in this round.
- What does barq do?
- barq is a digital payments and fintech company based in Saudi Arabia that provides a comprehensive ecosystem of digital financial services and solutions.
- Where is barq based and how big is it?
- barq is based in Saudi Arabia. Fundz records about 150 employees.
- Who are the decision-makers at barq?
- Fundz holds 2 contacts at barq, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as barq that raised within 45 days of this round, from Fundz verified event records.
- Diameter Pay raised $10M (Series A) on September 3, 2026.
- Finfra raised an undisclosed amount (Series A) on October 30, 2026.
- Spicenet raised $5M (Series A) on October 27, 2026.
- Lovey raised $66M (Debt Financing) on October 27, 2026.
- Hyphenate raised $45M (Series A) on October 27, 2026.
- Barings raised $100M (Debt Financing) on October 27, 2026.
Who to call at barq, and when
A new round usually means barq is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day barq raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at barq, from your own LinkedIn network
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Funding Insights
What this usually meansbarq raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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