About Tweeq
Tweeq is a company based in Riyadh (Saudi Arabia) founded in 2020 by Abdulaziz Almalki and Saeed Albuhairi was acquired by Tabby in September 2024. Tweeq has raised $532.85 thousand across 2 funding rounds from investors including Tabby, STV and RAED Ventures. Tweeq operates in a competitive market with competitors including MoneyGram, Hala, stc pay, CarePay and AlinmaPay, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Abdulaziz Almalki, Saeed Albuhairi
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Financial Services
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People of Tweeq
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Funding Insights of Tweeq
Tweeq has successfully raised a total of $532.85K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Tweeq
Tweeq has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Tabby, STV and RAED Ventures.
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Growth equity is provided for early-stage tech startups by STV.
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Early-stage tech startups are invested in by Raed Ventures.
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Purchase financing solutions are offered to businesses via installment payments.
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Investor details for Tweeq
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Investments & Acquisitions by Tweeq
Investment portfolio details for Tweeq
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Financial Statements - Tweeq
Detailed financials for Tweeq
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Tweeq Comparisons
Peer comparison for Tweeq
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Competitors of Tweeq
Tweeq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Hala, stc pay, CarePay and AlinmaPay, among others.
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Cross-border payments are enabled via wallet solutions for consumers.
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An app-based wallet is offered for consumer and business payments.
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An app-based wallet is operated for consumer payments and transfers.
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Provider of a health insurance platform for global insurers
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Offers wallet-based payment solutions for consumers.
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Detailed competitors of Tweeq
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Latest news on Tweeq
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Frequently Asked Questions about Tweeq
Tweeq was founded in 2020.
Tweeq is headquartered in Riyadh, Saudi Arabia.
Saeed Albuhairi is the current CEO of Tweeq. They have also founded this company.
Tweeq is a funded company, having raised a total of $532.85K across 2 funding rounds to date.
Tweeq was established in 2020 in Riyadh, Saudi Arabia, within the fintech sector. An app-based platform is utilized for managing expenses and finances. User spending is monitored, budgets are set, and funds are overseen through the interface. A dedicated card is issued to facilitate payment transfers and receipts. Compatibility is ensured with iOS and Android systems.
Tweeq has 3 investors. Key investors include Tabby, STV, and RAED Ventures.