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Hala raises $157m in Series B funding

Saudi Arabia based fintech raised $157m in Series B funding led by TPG and Sanabil.

“This landmark investment is a turning point for HALA, reflecting on our relentless pursuit of innovation and excellence in serving small businesses. We are honored that our new investors recognize the potential of our vision and the impact we aspire to make in the MSME landscape. Our journey is just beginning, and this support fuels our drive to create meaningful change.”

Tags

middle east, saudi arabia, embedded fintech, smbs