Hala Valuation, Funding & Investors

Hala is valued at $900M as of September 2025.

See full Hala profile

Last Hala valuation

$900M

Series B · Sep 2025

Last Hala funding round

$157M

Series B · Sep 2025

Cumulative funding Hala raised

$164M

across 3 funding rounds

Key investors in Hala

  • Wamda Capital
  • Impact46
  • Oqal
  • The Rise Fund
  • Sanabil
  • Khwarizmi Ventures

Hala Overview

About Hala

Hala is a Dubai-based fintech offering digital wallets and point-of-sale solutions for merchants accepting credit cards. The platform supports remittances, bill payments, and QR code transactions across UAE and GCC countries, integrated with networks like Visa and Mastercard.


Founded

2016

HQ

Saudi ArabiaRiyadh

Website

hala.com

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Valuation

$900M (Sep 2025)

Hala Valuation

Hala is currently valued at $900M, based on its Series B in September 2025.

The $157M round was led by Sanabil and The Rise Fund.

Hala valuation by funding round

Hala valuation by funding round
DateStageValuation
Sep 2025Series B$900M

Hala Funding History

Hala has raised a total of $164M across 3 funding rounds.

Hala's first fundraising round was a $600K seed round in January 2018. The most recent completed round was a $157M Series B in September 2025.

Hala funding rounds

Hala funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2025Series BSanabil (lead); The Rise Fund (lead)$157M$900MHALA is a Saudi Arabia-based fintech providing embedded financial services to micro, small, and medium-sized enterprises (MSMEs), supporting over 140,000 businesses and processing more than $8 billion in annual transactions. The company raised $157 million in a landmark Series B round on September 15, 2025, co-led by The Rise Fund (TPG's impact investing strategy) and Sanabil Investments (Public Investment Fund subsidiary), with participation from QED, Raed Ventures, Impact 46, MEVP, Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, and Wamda Capital. This round, one of the largest fintech Series B investments in the Middle East, was completed at a $900 million valuation. The funding will sustain HALA's market leadership, launch new ventures including lending products, and support regional expansion. HALA's leadership, including co-founder and Group CEO Maher Loubieh and co-founder and chairman Esam Alnahdi, emphasized the investors' trust in the business model and its potential for innovation in SME financial services. Sanabil highlighted HALA's role in reshaping SME finance with patient capital, while The Rise Fund noted this as their first Middle East investment, driven by favorable demographics and social impact opportunities. HALA has demonstrated rapid scaling with 142,000 clients and strong year-on-year growth, positioning it as a pioneer in the MSME fintech space amid the region's economic diversification efforts. The diverse investor base provides global expertise to accelerate expansion and impact in financial inclusion.
Mar 2021Series AImpact46 (lead); Wamda Capital; Khwarizmi Ventures$7M--
Jan 2018SeedOqal$600K--

Who has invested in Hala?

6 investors have backed Hala across its funding rounds, including Wamda Capital, Impact46, Oqal, The Rise Fund, Sanabil and Khwarizmi Ventures.

Lead investors include Sanabil, The Rise Fund and Impact46.


Hala Investors

Investors in Hala by funding rounds participated
InvestorHQRoundsRoleFirst check
OqalSaudi ArabiaRiyadh1ParticipantJan 2018
Impact46Saudi ArabiaRiyadh1LeadMar 2021
Wamda CapitalUAEDubai1ParticipantMar 2021
SanabilSaudi ArabiaRiyadh1LeadSep 2025

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Hala

Hala has acquired 1 company to date.

Last acquisition by Hala was on February 14th 2023. Hala acquired paymennt.com for undisclosed valuation.


Latest Acquisitions by Hala

paymennt.com
Description
Paymennt.com is a Berlin-based mobile-first payments platform that allows micro and small businesses to accept online payments, in-person taps, and link-based transactions. The solution supports cards, Apple Pay, and SEPA transfers with instant settlements. Paymennt targets Europe with no-code integrations for e-commerce sites like Shopify.
HQ CountryUnited Arab Emirates
HQ City
Abu Dhabi
Deal Date14 Feb 2023
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Hala Competitors

Hala competitors include listed companies like PicPay and PaySign, and private ones like TNG FinTech Group, Sipay, Satispay and Interswitch.

Public and private companies comparable to Hala
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TNG FinTech GroupHong KongHong KongPrivate--$860M-
PicPayBrazilBrazilPublicly listed$1.2B$205M$1.2B0.5x
SipayTurkeyIstanbulPrivate$600M-$875M1.5x
SatispayItalyMilanPrivate$160M-$980M6.1x
InterswitchNigeriaLagosPrivate$300M-$1B3.3x
PaySignUnited StatesUnited StatesPublicly listed$82M$16M$701M6.4x

Hala Public Comps

Hala is still privately-owned, but its public comps include Worldline, Wema Bank, Eurowag, Forbright Bank, Superbank Indonesia, SY Holdings Group, Agibank, Judo Bank, Green Dot and Bank Jago.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Worldline$4.6B($5.2B)0.6x0.7x(0.6x)3.8x
Wema Bank$312M-2.8x---
Eurowag$2.7B$119M0.5x3.0x10.3x7.5x
Forbright Bank$325M-2.9x---
Superbank Indonesia$89M-10.8x---
SY Holdings Group$135M$120M5.8x-6.5x-
Agibank$1.3B$227M0.8x0.6x4.4x5.3x
Judo Bank$368M-2.2x2.1x--

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Common questions about Hala

When was Hala founded?Hala was founded in 2016.
Where is Hala headquartered?Hala is headquartered in Riyadh, Saudi Arabia.
Is Hala publicly listed?No, Hala is a private, VC-backed company.
What is Hala's valuation?Hala was last valued at $900M in its Series B in September 2025.
How much funding has Hala raised?Hala has raised $164M across 3 funding rounds.
What was Hala's last funding round?Hala's last funding round was a $157M Series B in September 2025, led by Sanabil and The Rise Fund.
Who are Hala's investors?Hala's investors include Oqal, Impact46, Wamda Capital, Sanabil, The Rise Fund and Khwarizmi Ventures.
Which companies are comparable to Hala?Companies comparable to Hala include TNG FinTech Group, PicPay, Sipay, Satispay, Interswitch and PaySign.
How many companies has Hala acquired?Hala has acquired 1 company, including paymennt.com.

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