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.

How many employees does Hala have?

As of Sep 30, 2026, the latest employee count at Hala is 737.

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 13 investors.

Where does Hala rank among its competitors?

Hala ranks 1st amongst 7 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 Geidea, Skyservice and Aajil. Among them, Hala secured the most recent funding round in September, 2025.

Hala - 2026 Company Profile, Funding & Competitors

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 & 22 more

Ranked

1^st among 7 active competitors

Employee Count

737 as on Sep 30, 2026

Investment & Acquisitions

Paymennt.com

Similar Companies

Square & 659 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 $*****. 13 investors participated in its latest round. Hala has 23 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	7546828	Series B	1470294	4545591	4424794	5073812
Aug 29, 2021	4203414	Series A	4022943	7141942	2129955	Mubadala & 4 more
Mar 21, 2021	2387589	Series A	7553083	2232008	Impact46	Wamda

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View details of Hala's funding rounds and investors

Hala's employee count trend

Hala has 737 employees as of Sep 26. Here is Hala's employee count trend over the years:

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Top competitors of Hala include Geidea, Skyservice and Aajil. 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	Hala 2018, Riyadh (Saudi Arabia), Series B	App-based wallet for consumer and business payments	$168M	Mubadala, QED Investors & 21 others	67/100
2nd	Geidea 2008, Riyadh (Saudi Arabia), Late Stage	Provider of integrated payment and business management solutions for merchants	$266M	Gulf Capital	63/100
3rd	Skyservice 2016, Tallinn (Estonia), Funding Raised	Cloud-based mPOS software solutions for offline retailers	-	Village Capital	31/100
4th	Aajil 2022, Riyadh (Saudi Arabia), Unfunded	Provider of business credit and import solutions for small businesses	-	-	29/100
5th	POS Days 2017, Yangon (Myanmar), Unfunded	Cloud-based POS & mPOS software solution for offline retailers	-	-	24/100
6th	Queue 2016, Taipei (Taiwan), Unfunded	Cloud-based mPOS solution for offline retailers	-	-	23/100
7th	WASSMA 2019, Jeddah (Saudi Arabia), Deadpooled	App-based POS solutions for businesses	-	-	17/100
8th	SaaedPay 2022, Jeddah (Saudi Arabia), Unfunded	Mobile POS payment acceptance solution for businesses	-	-	16/100
9th	Kiu POS 2017, Colombo (Sri Lanka), Deadpooled	mPOS software solutions for offline retailers	-	-	15/100