Islamabad, July 24, 2025: Pakistan’s fintech sector is gaining momentum again as Barq, a Saudi-based digital company, is investing $25 million in Pakistan to kick-start operations. Known for its record-breaking growth—reaching over 1 million users in just three weeks in Saudi Arabia—Barq’s entry into Pakistan signals renewed confidence in the local startup and digital economy.
The investment is part of a strategic expansion move aimed at tapping into Pakistan’s growing digital population and underbanked communities. Barq’s rapid user adoption in the Gulf is seen as a strong indicator of what it could achieve in Pakistan’s dynamic and youthful market.
In another significant development, a Bahraini company is also entering the Pakistani market with a major investment to establish a full-fledged neobank. The firm has yet to disclose the exact amount, but sources suggest the funding will be substantial—further boosting confidence in Pakistan’s financial services sector.
Experts believe Pakistan is becoming a magnet for foreign fintech investments due to its large population, increasing smartphone penetration, and supportive regulatory environment for digital banking and e-wallets.
This wave of foreign interest—led by Barq investing in Pakistan—could open new doors for innovation, job creation, and greater financial inclusion across the country.
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The State Bank of Pakistan has already issued several digital banking licenses and is actively working to digitize payments, which creates fertile ground for startups like Barq and new digital banks to flourish.
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With Barq’s successful track record in Saudi Arabia and the entry of Bahraini capital, Pakistan is clearly picking up again—and global investors are taking notice.
