Hala
StartupAn integrated account for SMEs
Identifier: hala- Funding stage
- Series B
- Raised
- $164M Disclosed · not verified
- People
- 2
- Founded
- 2018
SME BankingFintechPayments
Key facts
| Fact | Confidence | Evidence |
|---|---|---|
| Funding stageSeries B | OrganizationProfile.factRelatedSource | |
| HeadquartersRiyadh | 1 source | |
| Founded2018 | 1 source |
Startup details
Saudi fintech providing embedded financial services — business accounts, cards, POS payment acceptance, transfers, and financing — for MSMEs. Originally the digital wallet Halalah (rebranded to Hala in 2020), now a full SME neobank, merchant acquirer, and embedded lender headquartered in Riyadh.
Funding
Disclosed equity raised$164MDisclosed · not verified
| Round | Date | Amount | Confidence |
|---|---|---|---|
| Series B | Sep 15, 2025 | $157M | |
| Series A | Mar 1, 2021 | $6.5M |
- Sep 15, 2025Series B$157M
- Mar 1, 2021Series A$6.5M
Team
MA
Maher LoubiehFounder
Co-founder & Group CEO
Co-founder & Group CEOES
Esam AlnahdiFounder
Co-founder & Chairman
Co-founder & ChairmanRelationships
Investors
- Impact46Lead investor
- Wamda CapitalParticipant
- The Rise FundCo-lead investor
- Sanabil InvestmentsCo-lead investor
- QED InvestorsParticipant
- Raed VenturesParticipant
- MEVPParticipant
- Isometry CapitalParticipant
- Arzan VCParticipant
- BNVT CapitalParticipant
- Kaltaire InvestmentsParticipant
- Endeavor CatalystParticipant
- Nour Nouf VenturesParticipant
- Khwarizmi VenturesParticipant
Founders & leadership
- Maher LoubiehCo-Founder · CEO
- Esam AlnahdiCo-Founder · Board Member
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Sources
Company updates
No company updates yet.
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Funding
Saudi Fintech HALA Raises $157m Series B Led by TPG and Sanabil
The round, co-led by TPG's Rise Fund and PIF's Sanabil Investments, funds embedded financial and lending products for Saudi micro and small businesses in one of MENA's largest fintech Series B rounds.
Aug 31, 2026PartnershipSaudi Fintech Hala Partners Visa to Issue Cards and Build Digital Payment Products
The SME-focused fintech will issue Visa cards to consumers and businesses and co-develop payment solutions in the Kingdom.
Aug 31, 2026