HALA is the leading fintech platform for small and medium-sized enterprises in Saudi Arabia and the MENAP region. Founded in 2017, HALA empowers more than 150,000 merchants and freelancers with innovative financial solutions designed to help them start, run, and grow their businesses. The company offers a comprehensive all-in-one platform that includes business accounts with IBAN, digital payments, debit cards, expense management, and POS financing.
HALA has raised $157 million in Series B funding led by TPG and Sanabil Investments, making it one of the Middle East's largest fintech rounds. The company is licensed by the Saudi Arabian Central Bank (SAMA) and the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. With over 650 employees across 6 countries, HALA processes over $350 million in monthly transaction volume and continues to expand its suite of financial services for SMEs.