The goal of this partnership is to offer safe and quick international money transfer services.

The CEO of barq, Mr. Ahmed Alenazi, showed his excitement by saying, "We are thrilled to work with TerraPay to improve our international money transfer services." Our dedication to innovation and client pleasure is reflected in this cooperation.

"This strategic partnership is not just another agreement; it is a testament to our commitment to supporting promising projects in Saudi Arabia like barq," said Ani Sane, co-founder and chief business officer of TerraPay. Our goal in working together is to provide international money transfer services that meet international standards and are quick, easy, and safe.

This strategic relationship, which is backed by TerraPay's vast global payments network, is in line with barq's attempts to broaden its service offerings in order to better serve customers and keep up with the fintech industry's rapid expansion both inside and outside of the Kingdom.

The Saudi Central Bank (SAMA) granted barq a license in January of this year. Barq, created in Riyadh by Saudi talent, is anticipated to transform the Kingdom's financial industry in the years to come. This is because of its team's experience, safe payment options, and distinctive offerings.