Hala
ActiveSME banking platform: business accounts, card issuing, payments and transfers, POS, financing and corporate cards
HALA is a Saudi fintech that gives micro, small and medium businesses and freelancers business accounts, cards, POS terminals, payments and financing. It started as one of Saudi Arabia's first mobile wallets and moved to SME services in early 2020. By September 2025 it served more than 142,000 businesses and processed over $8B in transactions a year.
Founders
Funding Rounds
Lead: The Rise Fund (TPG)
Investors: The Rise Fund (TPG), Sanabil Investments, QED, Raed Ventures, Impact46, MEVP, Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, Wamda Capital
Investors: The Rise Fund (TPG), Sanabil Investments, QED, Raed Ventures, Impact46, MEVP, Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, Wamda Capital.
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