| Founded | 2017 |
|---|---|
| Closed | 2022 |
| Country | Saudi Arabia |
| Sector | Fintech |
| Collapse type | Fire Sale |
Hala
"Saudi SME payment and POS startup raised $6M then sold to network carrier as super-apps absorbed SME payments"
Distressed acquisition below last-round valuation
Key Events Timeline
Hala built a POS and payment acceptance platform for small merchants in Saudi Arabia, enabling mobile payment acceptance through affordable hardware.
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