DUBAI, UAE, May 16, 2024 /PRNewswire/ -- During the days of
Seamless 2024 exhibition in Dubai,
the fintech application barq and TerraPay, a global money movement
company signed a strategic partnership. This collaboration aims to
provide fast and secure international money transfer services.
Mr. Ahmed Alenazi, CEO of
barq, expressed his enthusiasm, stating, "We are delighted
to collaborate with TerraPay to enhance our international money
transfer services. This alliance reflects our commitment to
innovation and customer satisfaction."
Ani Sane, Co-founder &
Chief Business Officer - TerraPay, commented, "This partnership
is not just another agreement; it is a testament to our commitment
to supporting promising projects in Saudi
Arabia like barq. Through this collaboration, we aim to
deliver fast, efficient, and secure international money transfer
services that adhere to global standards."
Supported by TerraPay's extensive global payments network, this
agreement aligns with barq's efforts to expand its service
offerings, catering to customer needs and keeping pace with the
growth of the fintech sector, both within and beyond the
Kingdom.
barq received a license from the Saudi Central Bank (SAMA) in
January of this year. Developed in Riyadh by Saudi talent, barq is expected to
revolutionize the Kingdom's fintech sector in the coming years.
This is due to its unique services, secure payment methods, and the
expertise of its team.
For media inquiries or further information, please contact:
juveria.n@terrapay.com
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