September 16, 2026 Global news, inspected.
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Middle East

Saudi fintech barq becomes Kingdom’s newest unicorn after $329.5m funding round

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Saudi fintech barq becomes Kingdom’s newest unicorn after $329.5m funding round
Image: Arab News

Saudi fintech company Barq has achieved unicorn status with a valuation of $1.85 billion after raising $329.5 million in a Series A funding round. The investment, featuring participation from firms like Noon Investments and Sohar International Bank, will support Barq's product development and expansion efforts, reflecting the rapid growth and potential of Saudi Arabia's fintech sector.

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