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Tweeq - About the company

Tweeq is an acquired company based in Riyadh (Saudi Arabia), founded in 2020 by Saeed Albuhairi. It operates as an App-based expense and money management platform. Tweeq has raised $533K in funding from Raed Ventures and STV. The company has 1573 active competitors, including 136 funded and 63 that have exited. Its top competitors include companies like Grab, PhonePe and Paytm.

Company Details

App-based expense and money management platform. It enables users to track the spending budget and control the money. It provides a card that can be used to send and receive payments. The application is available on iOS and Android devices.
Website
tweeq.sa
Social
XFacebook
Email ID
*****@tweeq.sa
Phone Number
+966 **********
Key Metrics
Founded Year
2020
Location
Riyadh, Saudi Arabia
Stage
Acquired
Total Funding
$533K in 2 rounds
Latest Funding Round
Ranked
Employee Count
63 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Tabby (Sep 03, 2024)

Tweeq's acquisition details

Tweeq got acquired by Tabby on Sep 03, 2024.
Click here to take a look at Tweeq's acquisition in detail
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Tweeq's funding and investors

Tweeq has raised a total funding of $533K over 2 rounds. Its first funding round was on Oct 10, 2020. Its latest funding round was a Seed round on Jun 21, 2021 for $*****. 2 investors participated in its latest round. Tweeq has 3 institutional investors.

Here is the list of recent funding rounds of Tweeq:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 21, 2021
1129534
Seed
7866060
6059511
9867284
5972723
Oct 10, 2020
6964143
Seed
6773122
9602793
9805879
1067382
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Tweeq's founders and board of directors

Founder? Claim Profile
The founders of Tweeq is Saeed Albuhairi. Saeed Albuhairi is the CEO of Tweeq.
Here are the details of Tweeq's key team members:

Tweeq's employee count trend

Tweeq has 63 employees as of Sep 26. Here is Tweeq's employee count trend over the years:
Employee count trend for Tweeq
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Tweeq's Competitors and alternates

Top competitors of Tweeq include Grab, PhonePe and Paytm. Here is the list of Top 10 competitors of Tweeq, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grab
Grab
2012, Singapore (Singapore), Public
Operator of a platform providing ride-hailing, food delivery, and payment services
$10.4B
89/100
2nd
Logo for PhonePe
PhonePe
2015, Bengaluru (India), Acquired
Provider of digital payment, financial, and technology solutions for consumers
$1.71B
86/100
3rd
Logo for Paytm
Paytm
2000, Noida (India), Public
Provider of digital payment and financial services including mobile recharges, bill payments, and money transfers
$2.76B
81/100
4th
Logo for MobiKwik
MobiKwik
2009, Gurugram (India), Public
Provider of digital payment services for mobile and utility bills
$284M
76/100
5th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
6th
Logo for DANA
DANA
2017, Jakarta (Indonesia), Acquired
Digital wallet
$250M
75/100
7th
Logo for bKash
bKash
2011, Dhaka (Bangladesh), Series C
Mobile financial services and payment system for consumers
$261M
74/100
8th
Logo for GCash
GCash
2015, Taguig (Philippines), Series D
Provider of a platform for financial transactions and related services
$175M
74/100
9th
Logo for Navi
Navi
2018, Bengaluru (India), Series C
Provider of financial products including UPI, loans, insurance, and mutual funds
$150M
73/100
10th
Logo for NALA
NALA
2017, Nairobi (Kenya), Series A
Online cross-border remittance platform for individuals
$50.2M
73/100
93rd
Logo for Tweeq
Tweeq
2020, Riyadh (Saudi Arabia), Acquired
App-based expense and money management platform
$533K
49/100
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Tweeq's Investments and acquisitions

Tweeq has made no investments or acquisitions yet.

Reports related to Tweeq

Here is the latest report on Tweeq's sector:

News related to Tweeq

•
Tabby Raises $160m Series E Funding at $3.3b ValuationFintech Finance•Feb 12, 2025•Tabby, Blue Pool Capital, Hassana, Tweeq and 10 others
•
Tabby plans to acquire TweeqThe Paypers•Sep 04, 2024•Tabby, Tweeq
•
Saudi Arabian fintech Tweeq raises funds to fuel expansionRetailbankerinternational•Jun 22, 2021•TweeQ, Tweeq, Raed Ventures, STV and 1 other
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