Thunes, the Smart Superhighway to move money around the world, and barq, the rapidly-growing digital wallet in Saudi Arabia, announce the launch of barq's enhanced remittance services to millions of consumers across the Kingdom. 

 

barq joins forces with Thunes to power faster, world-class remittances across Saudi Arabia

Through Thunes' trusted Direct Global Network, barq customers can now send money seamlessly across borders, with transactions delivered in real time to billions of mobile wallets and bank accounts worldwide. This milestone reinforces barq's position as a leading mobile wallet in Saudi Arabia, offering international remittances, cards, and a wide range of innovative financial solutions to end users.

The launch follows the formation of the collaboration between Thunes and barq announced in 2024, focused on delivering growth, expanded reach, and a consistently trusted service to Saudi customers.

The Saudi Arabian remittance market, one of the largest in the world, is undergoing rapid change, driven by the country's ambitious Vision 2030 programme to digitise payments. By combining barq's local leadership with Thunes' international reach, this alliance provides a best-in-class service for consumers.

Thamer Alharbi, Director of International Partnerships at barq, commented: "Our collaboration with Thunes has moved from vision to reality. By going live with these services, we are empowering our customers with faster, more reliable remittances and strengthening barq's role as the digital wallet of choice in Saudi Arabia. This is another important step in our journey to deliver innovative and accessible financial services, and Thunes' trusted solutions are helping us to deliver on this mission."

Ahmad Yaacoub, VP MENA and Country Head for Kingdom of Saudi Arabia at Thunes, added: "We are proud to see our partnership with barq delivering impact at scale. With this live launch, Thunes and barq reaffirm their shared commitment to delivering efficient, and customer-focused payment experiences, supporting Saudi Arabia's vision for a digital-first financial ecosystem."