logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Barq reaches 1 mn users in three weeks

Barq reaches 1 mn users in three weeks

NOHA.GAD
Aug 20, 2024
Saudi digital payment application Barq reached one million customers in 21 days

Riyadh - Sharikat Mubasher: The Saudi fintech company Barq celebrated a significant milestone of reaching one million customers since launching its application three weeks ago, leading other digital payment applications in Saudi Arabia.

As a leading digital wallet for consumers and businesses in the Kingdom, the Barq application issued more than 600,000 cards and served customers of over 85 nationalities since its launch on 29 July, according to the company’s announcement.

In January, Barq obtained a license from the Saudi Central Bank (SAMA) to provide financial products and services in the Kingdom. It aims to revolutionize the Saudi fintech sector within the coming years through its unique services and secure payment methods that fulfill users' exact needs.

Tags

Saudi Arabia
Fintech
Digital payment
SAMA
Share

Attract clients with your ad

Start Now

Trending

SAMA licenses Al-An Alkhaligia for microfinance operations
MUBASHER.SA
NLFDP approves launching business accelerators to spur sector growth
MUBASHER.SA
Riyadh Air expands global footprint with Amadeus partnership
MUBASHER
UK’s Territory Studio to launch in Riyadh, backed by Savvy Games Group
MUBASHER
Monsha’at brings “Jadeer” Tour to Al-Khobar to support SME growth
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Aug 7, 2025
SAMA licenses Al-An Alkhaligia for microfinance operations
Read More
Fintech News
Calendar Icon
Aug 5, 2025
22 startups join Visa Africa Accelerator Cohort 4
Read More
Fintech News
Calendar Icon
Aug 3, 2025
Falak, Alinma Bank launch ‘AmadTech’ to support Saudi fintech startups
Read More
Fintech News
Calendar Icon
Jul 31, 2025
MCT launches fifth edition of 'Tech Champions' Program
Read More
Fintech News
Calendar Icon
Jul 30, 2025
Bank AlJazira, MoneyGram to expand cross-border money movement in Kingdom
Read More
Fintech News
Calendar Icon
Jul 22, 2025
FinXtex Middle East 2025 to unite global fintech leaders across GCC
Read More
Fintech News
Calendar Icon
Jul 21, 2025
Gainz, Beban Crowdfunding join hands to support SMEs in GCC
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher