This collaboration leverages TerraPay's payments network and supports barq's expansion.
barq, authorized by the Saudi Central Bank, seeks to impact the fintech sector in Saudi Arabia.
barq, a fintech application, and TerraPay, a global money
movement company, have entered into a strategic partnership aimed at providing
fast and secure international money transfer services. This collaboration
leverages TerraPay's global payments network, aligning with barq's strategy to
expand its service offerings and meet the growing demands of the fintech
sector.
TerraPay and barq Join Forces
The partnership is expected to enhance barq's capabilities
in delivering efficient financial services both within Saudi Arabia and
internationally. This development follows barq's receipt of a license from the
Saudi Central Bank in January.
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, Source: LinkedIn
Developed in Riyadh, barq is anticipated to impact the
Kingdom's fintech landscape through its services, secure payment methods, and
the expertise of its team.
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."
Alfardan Exchange will play a key role in this partnership,
which seeks to leverage TerraPay's advanced digital payment framework to
provide numerous benefits. Together, they aim to enhance the efficiency,
cost-effectiveness, and responsiveness of cross-border payments to meet diverse
customer needs.
barq, a fintech application, and TerraPay, a global money
movement company, have entered into a strategic partnership aimed at providing
fast and secure international money transfer services. This collaboration
leverages TerraPay's global payments network, aligning with barq's strategy to
expand its service offerings and meet the growing demands of the fintech
sector.
TerraPay and barq Join Forces
The partnership is expected to enhance barq's capabilities
in delivering efficient financial services both within Saudi Arabia and
internationally. This development follows barq's receipt of a license from the
Saudi Central Bank in January.
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, Source: LinkedIn
Developed in Riyadh, barq is anticipated to impact the
Kingdom's fintech landscape through its services, secure payment methods, and
the expertise of its team.
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."
Alfardan Exchange will play a key role in this partnership,
which seeks to leverage TerraPay's advanced digital payment framework to
provide numerous benefits. Together, they aim to enhance the efficiency,
cost-effectiveness, and responsiveness of cross-border payments to meet diverse
customer needs.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Retail Investors Shift to Energy, Rare Earths, and AI Amid Tensions, eToro Finds
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
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📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
