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Barq’s $1.85B Series A: Product Lessons from a Saudi Fintech Unicorn Sprint

This story is from 2026-09-16. It is preserved in the archive; the latest stories are on the live feed.

Saudi digital payments company barq closed a $329.5 million Series A at a $1.85 billion valuation , Wamda reported on 15 September 2026. Participants included Noon Investments, Sohar International Bank, and M20 Fund. Founded in 2023 by Ahmed Alenazi—previously CEO of stc pay—and licensed by the Sau…

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  1. 2026-09-16 10:14 · DEV Community — AI
    Barq’s $1.85B Series A: Product Lessons from a Saudi Fintech Unicorn Sprint

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