Hala

Hala is a Saudi fintech platform that gives freelancers and SMEs business accounts, POS terminals, online and mobile payment acceptance, invoicing, expense management, payroll and financing. Founded in 2017 by Esam Alnahdi and Maher Loubieh, it holds an electronic money institution (EMI) licence from the Saudi Central Bank (SAMA), serves more than 150,000 merchants, raised a $157M Series B from investors including TPG Rise, Sanabil and QED, and acquired UAE online payment gateway Paymennt.com.