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HALA logo — The leading solution for SME business accounts digital payme...

HALA

The leading solution for SME business accounts digital payments, expense management and POS financing.

Founded 2017 Saudi Arabia Saudi Arabia 689 employees Convertible Note Total: $7.06M Analytics, Financial Services +2

General Information

Company Name HALA
Founded Year 2017
Location Saudi Arabia Saudi Arabia
Employees 689
Industries Analytics, Financial Services, Information Technology +1
Funding Stage Convertible Note
Business Model B2B, Platform, Embedded Finance
Revenue Model Transaction Fee, Service Fee, Usage Based
Social

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About HALA

HALA, founded in 2017 and headquartered in Saudi Arabia, positions itself as a transformative force for SMEs with its all-encompassing platform focused on digital payments, expense management, and POS financing. Highlighting a commitment to innovation, HALA aims to redefine how financial services are perceived by small to medium enterprises, altering the traditional banking model to encompass more than just transactional capabilities.

The company operates at the intersection of Analytics, Financial Services, Information Technology, and Payments, offering tools that enable SMEs to harness their full potential. By leveraging advanced technological solutions, HALA sets out to empower businesses, promoting not only financial growth but also fostering a substantial movement toward broader economic change.

In its most recent funding milestone, HALA secured a Convertible Note investment from Nour Nouf for Knowledge on 06 November 2022, underlining ongoing confidence from investors in the company’s mission and growth prospects.

Business keywords: SME Empowerment, Digital Payments, Expense Management, POS Financing, All-in-One Platform, Financial Innovation, Business Growth, Seamless Financial Management, Merchant Services, Credit Card Processing, Financial Solutions, Business Transformation, Wallet Solutions, Payment Solutions, Banking for SMEs

Services & Products

Point of Sale Hardware
Mobile Payment Processing
Cloud POS System
Business Financial Management

Target Customers

Restaurants Small to Medium Enterprises Retailers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note Undisclosed 1
Nour Nouf for Knowledge
Nour Nouf for Knowledge
06 Nov 2022
Series A $6.50M 2
Wamda Capital Impact46
Wamda Capital, Impact46
21 Mar 2021
Seed Round $560.00K 1
Oqal
01 Jan 2018

HALA Alternatives & Competitors

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HALA vs
Finom
Finom The Netherlands

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HALA vs
Qonto
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The finance solution that energizes SMEs and freelancers.

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2462 employees
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HALA vs
Mandarin
Mandarin United Kingdom

Grow your online business with our POS-instalments and payment services.

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FAQ About HALA

The leading solution for SME business accounts digital payments, expense management and POS financing.
HALA was founded in 2017.
HALA is headquartered in Saudi Arabia.
HALA operates in Analytics, Financial Services, Information Technology and Payments. Its work centres on SME Empowerment, Digital Payments, Expense Management and POS Financing. Its customers include Restaurants, Small to Medium Enterprises and Retailers.
HALA has a B2B, Platform and Embedded Finance business model. Its revenue comes from Transaction Fee, Service Fee and Usage Based.
HALA has approximately 689 employees.
HALA has completed 3 funding rounds, raising a total of $7.06M. The latest funding stage is Convertible Note.
HALA offers: Point of Sale Hardware, Mobile Payment Processing, Cloud POS System, Business Financial Management.
Top alternatives and competitors to HALA include Finom, Qonto, Mandarin, Gladys Technologies Ltd, PalmPay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
HALA and Finom are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for HALA, https://bouncewatch.com/company/hala-2, updated 13 April 2026. When citing, please name BounceWatch and link this page.

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