Hala Overview
- Year Founded
-
2017
- Status
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Private
- Employees
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650
- Latest Deal Type
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2ndary - Private
- Investors
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18
Hala General Information
Description
Developer of a digital mobile payment platform intended towards building the future bank of small and medium enterprises. The company's platform offers point-of-sale services, digital wallets, and bank cards, helping firms with digital tools to accept payments, control cash, and monitor sales analytics.
Contact Information
Website
www.hala.comCorporate Office
- P.O. Box 12251
- Riyadh 12609
- Saudi Arabia
Corporate Office
- P.O. Box 12251
- Riyadh 12609
- Saudi Arabia
Hala Timeline
Hala Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Secondary Transaction - Private | 01-Apr-2026 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B) | 15-Sep-2025 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 22-Oct-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 31-Jul-2024 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 31-Dec-2022 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 2. Early Stage VC (Series A) | 21-Mar-2021 | $6.5M | $7.06M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jan-2018 | $560K | $560K | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Hala Comparisons
Industry
Financing
Details
Hala Competitors (1)
One of Hala’s competitors is Neoleap (Fintech), a Corporation company based in Riyadh, Saudi Arabia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Neoleap (Fintech) | Corporation | Riyadh, Saudi Arabia |
Hala Signals
Hala Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Kaltaire Investments | Venture Capital | Minority | ||
| QED Investors | Venture Capital | Minority | ||
| BNVT Capital | Venture Capital | Minority | ||
| Endeavor Catalyst | Venture Capital | Minority | ||
| Isometry Capital | Hedge Fund | Minority |
Hala Acquisitions (2)
Hala’s most recent deal was a Merger/Acquisition with Paymennt. The deal was made on 14-Feb-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Paymennt | 14-Feb-2023 | Merger/Acquisition | Financial Software | ||
| Hala Cashier | 31-Dec-2021 | Merger/Acquisition | Business/Productivity Software |
Hala Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Paymennt | Dubai, United Arab Emirates | 2017 |
Hala FAQs
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When was Hala founded?
Hala was founded in 2017.
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Where is Hala headquartered?
Hala is headquartered in Riyadh, Saudi Arabia.
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What is the size of Hala?
Hala has 650 total employees.
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What industry is Hala in?
Hala’s primary industry is Financial Software.
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Is Hala a private or public company?
Hala is a Private company.
-
What is Hala’s current revenue?
The current revenue for Hala is .
-
How much funding has Hala raised over time?
Hala has raised $164M.
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Who are Hala’s investors?
Kaltaire Investments, QED Investors, BNVT Capital, Endeavor Catalyst, and Isometry Capital are 5 of 18 investors who have invested in Hala.
-
Who are Hala’s competitors?
Neoleap (Fintech) is a competitor of Hala.
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