Riyadh - Exclusive Sharikat Mubasher: The Saudi fintech company Barq has served four million customers through its digital wallet since its launch six months ago, according to Digital Marketing Manager Abdullah Alhaizan.

Speaking to Sharikat Mubasher on the sidelines of LEAP 2025, Alhaizan stated that Barq's digital wallet gained one million users in the past 21 days, making it one of the fastest-growing fintech companies in the Kingdom.

He emphasized that the wallet offers all digital financial services that customers need, including local and international remittance, transfers, cards, a marketplace, and a games center.

Alhaizan explained that Barq’s wallet is completely free of charge for all transactions, which sets it apart from other fintech companies. He also highlighted the company's deep understanding of the market and customers' needs as a key factor in its success.

The official further noted that the wallet leverages advanced technologies to enhance and streamline the customer experience.

In August, Barq launched its new digital wallet, with a monthly limit of SAR 100,000, to cater to the needs of the Saudi market to adopt the concept of digital wallets.

LEAP 2025 convenes from 9 to 12 February in Riyadh, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brings together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ this four-day event aims to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.