# Saudi deals in 60 seconds, week of 14 Sep 2026

> 5 Saudi moves from 14 Sep 2026 to 20 Sep 2026, led by barq. Sourced to the primary announcement.

Saudi deals in 60 seconds, 14 Sep 2026 to 20 Sep 2026. By Ali Asif. Public information only, not investment advice.

## What moved

1. **barq closes a $329.5M Series A at a $1.85B valuation** (barq, Venture): Amount: USD 329.5M. Investors: Noon Investments, Sohar International Bank, M20 Fund. A SAMA-licensed payments app founded in 2023 says it has passed 15 million users, on a Series A of unusual size. [Primary source](https://www.wamda.com/en/2026/09/saudi-fintech-barq-closes-329-5-million-series-a)
2. **Tabby raises a $233M Series F at a $6.5B valuation** (Tabby, Venture): Amount: USD 233M. Investors: Blue Pool Capital, HSG, Wellington Management, Arbor Ventures. Blue Pool led, with three existing investors following, as the company moves beyond buy now, pay later. [Primary source](https://www.wamda.com/en/2026/09/tabby-hits-6-5-billion-valuation-233-million-series-f)
3. **Tarabut secures $50M for open banking and embedded finance** (Tarabut, Venture): Amount: USD 50M. Investors: Riyad Bank, X-Tech Fund (SAB Invest), GIB Saudi Arabia, Zamil Group, Kanoo Ventures. Banks and corporates, not funds, supply most of the money, and the financing still awaits SAMA approval. [Primary source](https://www.wamda.com/en/2026/09/tarabut-secures-50-million-deepen-saudi-embedded-finance-push)
4. **Rize secures a SAR 187.5M Murabaha facility from Jadwa** (Rize, Venture): Amount: USD 50M. Investors: Jadwa Investment. An asset-backed debt line funds the rental portfolio so the proptech can keep its equity for product and expansion. [Primary source](https://www.wamda.com/en/2026/09/saudi-proptech-rize-secures-50-million-facility-jadwa-investment)
5. **BRKZ raises $31M, a $13M Series B plus $18M of growth debt** (BRKZ, Venture): Amount: USD 31M. Investors: Wa'ed Ventures, 500 Global, BECO Capital, ANB Capital, Stride Ventures. A building-materials procurement platform splits its raise between equity and venture debt. [Primary source](https://www.wamda.com/en/2026/09/brkz-secures-31-million-scale-ai-powered-construction-procurement)

## My take

The money moving this week was mostly fintech, and a lot of it was debt.

Canonical: https://heyaliasif.com/newsletter/2026-w38