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
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Hala Payments Company
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$168.5 M (USD)
in 3 rounds
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Latest Funding Round
$157 M (USD), Series B
Sep 15, 2025
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Investors
TPG
& 18 more
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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.
Business accounts are provided for immediate sales management.
POS devices are offered for instant payment acceptance.
Tools for expense control are provided to businesses.
Flexible financing solutions are offered for business growth.
People of Hala
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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.
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Investments are directed toward pre-seed to Series C technology companies.
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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
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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.
Investment portfolio details for Hala
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online payment solutions are provided for MSMEs and small businesses.
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Complete acquisition details for Hala
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- Transaction dates
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Financial Statements - Hala
Detailed financials for Hala
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Hala Comparisons
Peer comparison for Hala
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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.
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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 Hala
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Latest news on Hala
Complete news archive for Hala
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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 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.