When was Hala founded?

Hala was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Hala located?

Hala is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of Hala?

Maher Loubieh of Hala. They have also founded 1 company.

How many employees does Hala have?

As of Mar 31, 2026, the latest employee count at Hala is 677.

Is Hala a funded company?

Hala is a funded company, having raised a total of $168M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 21, 2021.

When was the latest funding round of Hala?

Hala's latest funding was a $***** Series B round on Sep 15, 2025, with participation from 12 investors.

Where does Hala rank among its competitors?

Hala ranks 2nd amongst 13 active competitors, only 1 of which is funded. Hala, which secured $157M in Sep, 2025.

Who are the top competitors of Hala?

Hala's top competitors include MoneyGram, Tweeq and AlinmaPay. Among them, Hala secured the most recent funding round in September, 2025.

Hala - 2026 Company Profile, Team, Funding & Competitors

Hala is a series B company based in Riyadh (Saudi Arabia), founded in 2018 by Maher Loubieh. It operates as an App-based wallet for consumer and business payments. Hala has raised $168M in funding from investors like Entree Capital, TPG and Sanabil. The company has 13 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like MoneyGram, Tweeq and AlinmaPay.

Company Details

Halalah is an app-based wallet for consumers and business payments. It features a mobile payment platform for consumers & businesses to offer services such as deposit accounts, online/offline payment, money transfers, mobile recharge, and more. It also offers a marketplace to users for purchasing vouchers and digital products. It can be accessed through the app that is available on iOS and Android devices.

Website: hala.com
Phone Number: +966 **********

Key Metrics

Founded Year

2018

Location

Riyadh, Saudi Arabia

Stage

Series B

Total Funding

$168M in 3 rounds

Latest Funding Round

Series B, Sep 15, 2025, $*****

Investors

Entree Capital & 21 more

Ranked

2^nd among 13 active competitors

Employee Count

677 as on Mar 31, 2026

Investment & Acquisitions

Paymennt.com

Similar Companies

Paytm & 1926 more

View Hala's full profile

Hala has raised a total funding of $168M over 3 rounds. Its first funding round was on Mar 21, 2021. Its latest funding round was a Series B round on Sep 15, 2025 for $*****. 12 investors participated in its latest round. Hala has 22 institutional investors.

Here is the list of recent funding rounds of Hala:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2025	4888381	Series B	8387489	6316437	7341384	6705917
Aug 29, 2021	4114474	Series A	5997735	6285447	9066460	Mubadala & 4 more
Mar 21, 2021	3469627	Series A	7898535	1823201	Impact46	Wamda

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View details of Hala's funding rounds and investors

The founders of Hala is Maher Loubieh. Maher Loubieh is the CEO of Hala.

Here are the details of Hala's key team members:

Maher Loubieh: Co-founder, CEO of Hala.

View details of Hala's Founder profiles and Board Members

Hala's employee count trend

Hala has 677 employees as of Mar 26. Here is Hala's employee count trend over the years:

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Top competitors of Hala include MoneyGram, Tweeq and AlinmaPay. Here is the list of Top 10 competitors of Hala, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MoneyGram 1940, Dallas (United States), Acquired	Provider of global money transfer and payment services for individuals	-	Goldman Sachs, Stellar & 3 others	75/100
2nd	Hala 2018, Riyadh (Saudi Arabia), Series B	App-based wallet for consumer and business payments	$168M	Mubadala, Sanabil & 20 others	70/100
3rd	Tweeq 2020, Riyadh (Saudi Arabia), Acquired	App-based expense and money management platform	$533K	STV, Raed Ventures & 1 others	50/100
4th	AlinmaPay 2019, Riyadh (Saudi Arabia), Unfunded	Wallet-based payment solutions for consumers	-	-	45/100
5th	Tiqmo 2020, Riyadh (Saudi Arabia), Unfunded	Wallet-enabled money transfer and budgeting solution for individuals	-	-	44/100
6th	Loop Riyadh (Saudi Arabia), Unfunded	App-based wallet and money management platform for individuals and businesses	-	-	28/100
7th	Al Muhannad 2019, Medina (Saudi Arabia), Unfunded	Platform providing digital recharge cards for consumers	-	-	23/100
8th	Uplines 2023, Jeddah (Saudi Arabia), Funding Raised	Online platform offering digital wallets for individuals and businesses	-	Equivator	18/100
9th	NowPay 2021, Riyadh (Saudi Arabia), Unfunded	Digital wallet for consumer payments	-	-	16/100
10th	Samara 2020, Riyadh (Saudi Arabia), Unfunded	App-based payments platform for individuals	-	-	16/100