HALA
HALA provides Saudi SMEs with banking, POS, payments and expense management, and raised $157 million Series B at a $900 million valuation.
Based in Riyadh, founded 2018
The numbers
$1.1bnValuation
$190mTotal raised
732Headcount
21.8%Headcount growth
2018Founded
Why it’s on the list
HALA is a Saudi SME banking leader, with a $900 million valuation and a Series B led by TPG Rise Fund and Sanabil.
Funding history
2018Seed$600k
2021Series A$7m
2022Series B$25m
2025Series B$157m
Backed by
On Founding MENA
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