CONNECT WITH US
Fintech

Fintech

barq Group Signs Landmark Deal with Beyon bringing Beyon Money into a Broader Hero Fintech Platform

Global Fintech Series logo

Published on

Add as a preferred source on Google
barq Group Signs Landmark Deal with Beyon bringing Beyon Money into a Broader Hero Fintech Platform

Beyon and barq Group (Technologies Union), the parent company behind barq, the region’s fastest-growing digital platform serving more than 15 million users, have signed an agreement bringing together Beyon Money’s operations with barq’s fast-growing fintech platform. The agreement was signed at FinTech Forward 2026 in the presence of H.E. Shaikh Abdulla bin Khalifa Al Khalifa, Chairman of Beyon Group and Ahmed Alenazi, Founder and Chief Executive Officer of barq, as well as senior executives from both organisations.

Beyon Money is a strong example of how we build and develop digital businesses with the potential to create long-term value.”

Beyon Money customers can continue to use their accounts and services as usual and, over time, will benefit from barq’s growing platform, capabilities and reach.

Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena

Shaikh Mohamed bin Khalifa Al Khalifa CEO Beyon Digital Growth, said: “Beyon Money is a strong example of how we build and develop digital businesses with the potential to create long-term value.”

Mohamed Alsabea, Chief of Staff and Chief Strategy Officer: “Beyon Money’s licences give us a regulated foundation to build on in new markets, and this transaction marks an important step in barq’s growth.”

Under the agreement, Beyon Money will become part of barq and Beyon will retain an economic interest in barq, subject to the completion of final documentation, relevant regulatory approvals and customary closing conditions. Beyon Money will continue to grow and serve its customers within barq’s larger fintech platform.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.