PayHalal is an Islamic Fintech startup that focuses on providing seamless, Sharia-compliant financial solutions and e-payment services tailored for the halal economy. Founded in 2017, the company operates in the internet payment gateway and e-wallet issuance sectors. It offers comprehensive merchant acquiring services and is licensed by the Malaysian Central Bank. PayHalal provides Payment Services as a Service (PSaaS) to Islamic Digital Banks and payment gateways within the halal space. The last investment round, a $4.50M Seed Round, took place on 28 April 2023 and was led by Crescent Capital NI Limited, Asad Capital, Effective Shields, and Q Cap. The company operates within the E-Commerce and Fintech industries, catering to the specific needs of the halal market.
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About PayHalal
Taxonomy: Sharia-compliant, financial solutions, e-payment services, halal economy, internet payment gateway, e-wallet issuance, merchant acquiring services, Islamic Fintech, PayHalal, Payment Services as a Service, PSaaS, Islamic Digital Banks, halal space, Malaysian Central Bank, licensed
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | •••••• | 4 |
|
28 Apr 2023 |
PayHalal Alternatives & Competitors
New Dimension of Islamic Finance & Halal
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