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
- 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
Investors
Ranked
93rd among 1573 active competitors
Employee Count
63 as on Sep 30, 2026
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 |
View details of Tweeq's funding rounds and investors
Tweeq's founders and board of directors
Founder? Claim ProfileThe founders of Tweeq is Saeed Albuhairi. Saeed Albuhairi is the CEO of Tweeq.
Here are the details of Tweeq's key team members:
- Saeed Albuhairi: Co-Founder & CEO of Tweeq. Contact Info: 1 email address
View details of Tweeq's Founder profiles and Board Members
Tweeq's employee count trend
Tweeq has 63 employees as of Sep 26. Here is Tweeq's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 89/100 | ||
2nd | Provider of digital payment, financial, and technology solutions for consumers | $1.71B | 86/100 | ||
3rd | Provider of digital payment and financial services including mobile recharges, bill payments, and money transfers | $2.76B | 81/100 | ||
4th | Provider of digital payment services for mobile and utility bills | $284M | 76/100 | ||
5th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
6th | Digital wallet | $250M | 75/100 | ||
7th | bKash 2011, Dhaka (Bangladesh), Series C | Mobile financial services and payment system for consumers | $261M | 74/100 | |
8th | GCash 2015, Taguig (Philippines), Series D | Provider of a platform for financial transactions and related services | $175M | 74/100 | |
9th | Provider of financial products including UPI, loans, insurance, and mutual funds | $150M | 73/100 | ||
10th | Online cross-border remittance platform for individuals | $50.2M | 73/100 | ||
93rd | Tweeq 2020, Riyadh (Saudi Arabia), Acquired | App-based expense and money management platform | $533K | 49/100 |
Looking for more details on Tweeq's competitors? Click here to see the top ones
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 to acquire Saudi digital wallet Tweeq in move to expand services beyond BNPLArabian Business•Sep 03, 2024•Tabby, Tweeq
•
Fintech Tweeq Receives e-Money License from Saudi Central BankCrowdfund Insider•Dec 02, 2022•Tweeq, Saudi Arabian Monetary Agency, Paymentology
•
•
Saudi Arabian fintech Tweeq raises funds to fuel expansionRetailbankerinternational•Jun 22, 2021•TweeQ, Tweeq, Raed Ventures, STV and 1 other
•
Riyadh payment app Tweeq raises capital for expansionThe National•Jun 21, 2021•Tweeq, Raed Ventures, STV
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