# Hala Payments Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hala-payments-company

- Industry: Financial Services
- Headquarters: Riyadh, Saudi Arabia
- Website: www.hala.com
- Total disclosed funding: $137M
- Latest round: Series B (Sep 15, 2025)
- Investors on record: 14

## About

Founded in 2017 and based in Saudi Arabia, Hala Payments Company operates as a financial tech company that provides a digital payment platform for (small and medium entities) SME companies. In September 2025, Hala Commercial Company raised USD 130 million in series B funding co-led by new investor Sanabil Investments and returning investor TPG, with participation from other returning investors Wamda Capital and IMPACT46. New investors Arzan Venture Capital, 9900 Capital, Kaltaire Investments, Endeavor Catalyst, Khwarizmi Ventures, Middle East Venture Partners, Nour Nouf Venture Capital, QED Investors, Isometry Capital, and RAED Ventures also participated in the round. The round was part of a larger USD 157 million in series B and venture debt funding. The company will use the September 2025 funding to expand services, launch lending products, and grow its regional footprint.

## Funding rounds

- Series B, Sep 15, 2025, $130M — TPG, QED Investors, Endeavor Catalyst, Middle East Venture Partners, Wamda Capital, Arzan Venture Capital, RAED Ventures, Khwarizmi Ventures, Impact46, Nour Nouf Venture Capital, Isometry Capital, Sanabil Investments, BNVT Capital, Kaltaire Investments
- Series A, Mar 21, 2021, $6.5M — Wamda Capital, Impact46

## Investors

- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Series A, Series B
- Impact46 (https://capitalatlas.ai/funds/impact46) — Series A, Series B
- TPG (https://capitalatlas.ai/funds/tpg) — Series B
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Series B
- Arzan Venture Capital (https://capitalatlas.ai/funds/arzan-venture-capital) — Series B
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Series B
- Khwarizmi Ventures (https://capitalatlas.ai/funds/khwarizmi-ventures) — Series B
- Nour Nouf Venture Capital (https://capitalatlas.ai/funds/nour-nouf-venture-capital) — Series B
- Isometry Capital — Series B
- Sanabil Investments (https://capitalatlas.ai/funds/sanabil-investments) — Series B
- BNVT Capital (https://capitalatlas.ai/funds/bnvt-capital) — Series B
- Kaltaire Investments — Series B