Hala

Riyadh, Saudi Arabia Founded: 2018 • Age: 8 yrs
An app-based wallet is offered for consumer and business payments.
Annual revenue - Latest available
Total funding $168.5M 3 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Hala

Hala is a company based in Riyadh (Saudi Arabia) founded in 2018 by Maher Loubieh. It operates as a FinTech and Subscription Services. Hala has raised $168.5 million across 3 funding rounds from investors including TPG, Mubadala and Salica Investments. Hala has completed 1 acquisition, including Paymennt.com. Hala offers products and services including Business IBAN Account, POS Device, Expense Management, and Business Financing. Hala operates in a competitive market with competitors including MoneyGram, stc pay, Tweeq, CarePay and AlinmaPay, among others.

  • Headquarter Riyadh, Saudi Arabia
  • Founders Maher Loubieh
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hala Payments Company
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $168.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $157 M (USD), Series B

    Sep 15, 2025

  • Investors
    TPG

    & 18 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Hala

Hala offers a comprehensive portfolio of products and services, including Business IBAN Account, POS Device, Expense Management, and Business Financing.

Product name locked
Category locked
Primary

Business accounts are provided for immediate sales management.

Product name locked
Category locked
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POS devices are offered for instant payment acceptance.

Product name locked
Category locked
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Tools for expense control are provided to businesses.

Product name locked
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Flexible financing solutions are offered for business growth.

People of Hala

Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Abdulrahman Essa
Project Management Officer
People
Logan Simpson
Group CISO
People
Olena Latysh
Senior Product Designer
People
Nabih Chamas
Head Of Strategy

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Funding Insights of Hala

Hala has successfully raised a total of $168.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $157 million completed in September 2025. 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 Hala

Hala has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include TPG, Mubadala and Salica Investments.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are directed toward pre-seed to Series C technology companies.
Locked Locked Locked
Venture capital fund focused on multiple sector
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Venture capital firm focused on early-stage startups
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Investor details for Hala

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hala

Hala has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paymennt.com.

Investments
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Investment portfolio details for Hala

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Online payment solutions are provided for MSMEs and small businesses.
Locked Locked 2017 Locked
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Complete acquisition details for Hala

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hala

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Detailed financials for Hala

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  • Historical revenue
  • Profit trends
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  • Financial ratios

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Hala Comparisons

Hala Primary company
Description
An app-based wallet is offered for consumer and business pay...
Location
Riyadh, Saudi Arabia
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Hala

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Hala

Hala 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, stc pay, Tweeq, CarePay and AlinmaPay, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border payments are enabled via wallet solutions for consumers.
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An app-based wallet is operated for consumer payments and transfers.
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Expense tracking and money management are enabled via mobile app.
Locked Locked Locked
Provider of a health insurance platform for global insurers
Locked Locked Locked
Offers wallet-based payment solutions for consumers.
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Detailed competitors of Hala

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hala

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Complete news archive for Hala

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hala

Hala was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Hala is headquartered in Riyadh, Saudi Arabia.

Maher Loubieh is the current CEO of Hala. They have also founded this company.

Hala is a funded company, having raised a total of $168.5M across 3 funding rounds to date.

Hala is established as a pioneering financial technology platform in Saudi Arabia, dedicated to supporting small and medium enterprises. Comprehensive financial solutions are provided, including business accounts, payment acceptance through POS devices, expense management tools, and flexible financing options. Services are designed to facilitate revenue and payment management in a secure and user-friendly manner. The platform is utilized by over 150,000 businesses, processing significant transaction volumes. Operations are conducted under the supervision of the Saudi Central Bank, ensuring compliance and reliability in the FinTech sector.

Hala's top competitors include MoneyGram, Tweeq and CarePay.

Hala offers Business IBAN Account, POS Device, Expense Management, and Business Financing.

Hala has made 1 acquisition, including Paymennt.com.

Hala has 19 investors. Key investors include TPG, Mubadala, Salica Investments, Wamda, and Entree Capital.

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