When was Resal founded?

Resal was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Resal located?

Resal is headquartered in Jeddah, Saudi Arabia.

Who is the current CEO of Resal?

Hatem Kameli of Resal. They have also founded 2 companies.

How many employees does Resal have?

As of Sep 30, 2026, the latest employee count at Resal is 110.

Is Resal a funded company?

Resal is a funded company, having raised a total of $9.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 09, 2018.

When was the latest funding round of Resal?

Resal's latest funding was a $***** Series A round on Aug 26, 2024, with participation from 6 investors. Its primary sector is Payments. In Saudi Arabia, the Payments sector has seen $44.8M in funding in 2026 to date.

Where does Resal rank among its competitors?

Resal ranks 1st amongst 1 active competitors, only 1 of which is funded. Resal, which secured $9M in Aug, 2024.

Resal - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of digital infrastructure for managing non-cash value and rewards. This platform enables the creation, conversion, and redemption of digital assets including loyalty points, gift cards, and prepaid balances. It provides technical tools for businesses to issue and process digital incentives while allowing individuals to consolidate various forms of stored value into a single interface for use across multiple merchants. The system facilitates the exchange of digital credits and manages the lifecycle of electronic vouchers and promotional balances.

Website: resal.me
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Key Metrics

Founded Year

2015

Location

Jeddah, Saudi Arabia

Stage

Series A

Total Funding

$9.8M in 3 rounds

Latest Funding Round

Series A, Aug 26, 2024, $*****

Investors

VentureSouq & 8 more

Ranked

1^st among 1 active competitor

Employee Count

110 as on Sep 30, 2026

Similar Companies

Payforward & 75 more

View Resal's full profile

Resal has raised a total funding of $9.8M over 3 rounds. Its first funding round was on Jan 09, 2018. Its latest funding round was a Series A round on Aug 26, 2024 for $*****. 6 investors participated in its latest round. Resal has 9 institutional investors.

Here is the list of recent funding rounds of Resal:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 26, 2024	9751610	Series A	6546988	4352026	9650859	1171303
May 16, 2019	1126864	Seed	7787140	5668590	7978868	Nayyara & 1 more
Jan 09, 2018	4193892	Seed	2752976	4636322	1116398	2072321

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View details of Resal's funding rounds and investors

The founders of Resal are Hatem Kameli, Husam Algaladi and Fouad Al Farhan. Hatem Kameli is the CEO of Resal.

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

Hatem Kameli: Co-Founder & CEO of Resal and founder of 1 other company.
Husam Algaladi: Co-founder & marketing strategist Consultant of Resal and founder of 1 other company.
Fouad Al Farhan: Co-Founder of Resal.

View details of Resal's Founder profiles and Board Members

Resal's employee count trend

Resal has 110 employees as of Sep 26. Here is Resal's employee count trend over the years:

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Top competitors of Resal include Boki. Here is the list of Top 10 competitors of Resal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Resal 2015, Jeddah (Saudi Arabia), Series A	Developer of digital infrastructure for managing non-cash value and rewards	$9.8M	Alajlan Family Office, NOMD & 7 others	57/100
2nd	Boki 2020, Jeddah (Saudi Arabia), Deadpooled	Reward points payment solutions	-	-	15/100