Barq
Barq is a fintech / payments company based in Riyadh, Saudi Arabia, founded in 2023. Digital wallet, cards, transfers and remittance app. It was valued at $1.85bn on 18 September 2026 (Series A funding round ($329.5m)), which makes it a unicorn in the 311 Unicorn Index.
Part of the 311 Unicorn Index (311institute.com). Last updated .
Source: Fintech Futures (also Wamda)
About Barq
Digital wallet, cards, transfers and remittance app. Lead investors in its latest round: Noon Investments, Sohar International Bank, M20 Fund. Website: barq.com.
How this figure is calculated
The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count.
Related
- Innovation profile of Riyadh
- Saudi Arabia: economy and key statistics
- The 311 Unicorn Index
- Global Startups Directory
- Global Investors Directory
- All 311 Indexes
Other unicorns in Saudi Arabia
Questions and answers
How much is Barq worth?
Barq was valued at $1.85bn on 18 September 2026 (Series A funding round ($329.5m)), according to the 311 Unicorn Index.
Where is Barq based?
Barq is headquartered in Riyadh, Saudi Arabia.
When was Barq founded?
Barq was founded in 2023.
What does Barq do?
Digital wallet, cards, transfers and remittance app.
Is Barq a unicorn?
Yes. Barq is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.
© 311 Institute 2026. Facts from the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.