Hoolah is redefining the payment landscape in Asia with its innovative Buy Now Pay Later (BNPL) model. Founded in 2018 and headquartered in Singapore, this fintech player is uniquely positioned to bridge affordability and flexibility for both merchants and consumers across Singapore, Malaysia, and Hong Kong.
The company's slogan, "Empowering Merchants and Consumers with Flexible, Interest-Free Payment Solutions," encapsulates its mission to enhance consumer purchasing power and merchant growth. By enabling purchases without accruing interest or hidden fees, Hoolah promotes financially responsible consumerism, which in turn drives increased conversion rates and basket sizes for merchants.
In March 2020, Hoolah secured a Series A investment with backing from major investors such as Allectus Capital, iGlobe Partners, Genting Ventures, Maximilian Bittner, and Tim Neville. This capital infusion underscores strong investor confidence in Hoolah's potential to lead in the E-Commerce, Fintech, Payments, and Retail sectors.
