Ahmed Alenazi
Ahmed Alenazi
CEO
barq
Speaking at
Biography
Ahmed Alenazi is a Saudi fintech leader and serial entrepreneur who founded and scaled two of the Kingdom's most prominent digital financial platforms, stc pay and barq, both of which achieved unicorn status.
He began his career in the Saudi banking sector, where he saw firsthand the limits of traditional financial services. In 2018, he founded stc pay and led it as CEO until 2022, accelerating the adoption of digital wallets in Saudi Arabia under Vision 2030.
In 2022, he founded barq to build a financial experience designed entirely around the user. Since launching in 2024, barq has scaled to serve more than 15 million users in Saudi Arabia. Under his leadership, barq closed a $329.5 million Series A at a $1.85 billion valuation, the region's largest Series A, making it one of the fastest companies in the region to reach unicorn status.
Alenazi also serves on the boards of Gulf International Bank (GIB) in Bahrain, the Saudi Insurance Authority, and Wamid, a subsidiary of Saudi Tadawul Group.