PayHalal

Financial ServicesSeedKuala Lumpur, Malaysiapayhalal.com.my

Latest round

Seed

Last raised

Jan 2023

Total raised

$1.2M

Investors

1

About PayHalal

Based in Malaysia, and founded in 2017, Souqa Fintech Sdn., doing business as PayHalal, operates as a FinTech company. The company was founded by CEO Pat Salam Thevarajah, CFO Muazir Mokhtar, and CTO Thomas Groppenberger. In August 2022, Souqa Fintech Sdn. Bhd. PayHalal’s product line includes IBNPL, a buy-now-pay-later platform used for conducting financial transactions; Zakat, a payment gateway platform for money transfers between Muslim customers and Islamic companies; Sadaqah, a charity payment gateway platform; and HalaKart, which is an e-commerce platform that sells a variety of products including groceries, fashion, electronics, watches, and more. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include basic, microSME (eCommerce), SME365, microSME (Offline), and association. The charges are RM 250 for the microSME (eCommerce), RM 1,800 for the SME365, RM 25 for the microSME (Offline), and RM 250 for the association.

Who invested in PayHalal

1 investor across 1 round

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Funding rounds

  1. Seed

    Jan 19, 2023

    Amount

    $1.2M

    Investors

    Locked

Questions about PayHalal

Who invested in PayHalal?

PayHalal has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PayHalal raised?

PayHalal has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did PayHalal last raise money?

PayHalal's most recent round on record is a Seed, in Jan 2023.

What does PayHalal do?

Based in Malaysia, and founded in 2017, Souqa Fintech Sdn.

Where is PayHalal headquartered?

PayHalal is headquartered in Kuala Lumpur, Malaysia.

Which VCs invest in companies like PayHalal?

Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at PayHalal's stage. Their profiles are linked below.

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