Pakistani fintech Haball secures $52mn funding to grow Islamic finance business, plans Middle East foray

Haball secures USD 52 million in pre-Series A funding led by Zayn VC

Haball has revealed that it secured USD 52 million in a pre-Series A funding round, which features USD 5 million in equity spearheaded by Zayn VC.

Haball Raises USD52M in Pre-Series A Funding

Haball, a Karachi, Pakistan-based supply chain financing and payments fintech company, raised USD52M in Pre-Series A funding. The round consisted of US$5M led by Zayn VC. Other investors included Majlis Advisory SPV; private investors in KSA; angel investors, and a business conglomerate. The company intends to use the funds to consolidate its market leadership in […] The post Haball Raises USD52M in Pre-Series A Funding appeared first on FinSMEs.

Leading Pakistan fintech – Haball – secures $52mln pre-series A; Equity led by Zayn VC

Proceeds to consolidate Pakistan market leadership and launch in the GCC. Market entry to KSA due in 2025 amid major demand for shariah-compliant SME financing

Pakistan's Haball Raises $52M in Pre-Series A Funding to Expand Supply Chain Finance Solutions - Fintechnews Middle East

Haball, a supply chain financing and payments fintech in Pakistan, has raised a US$52 million pre-Series A funding round, consisting of both equity investment and strategic financing. The equity portion, valued at US$5 million, was led by Zayn VC, Pakistan’s prominent venture capital firm. Additional investors included Majlis Advisory SPV, several private investors from Saudi Arabia, angel investors, and a large business conglomerate. The strate…

Haball Raises $52 Million Pre-Series A to Expand into GCC Market

In a major boost to Pakistan’s fintech and digital infrastructure landscape, Haball, a homegrown supply chain financing and payments platform, has quietly raised $52 million in pre-Series A funding. The funding round, comprising $5 million in equity and $47 million in strategic financing, stands out not just for its size but for its measured and milestone-based approach. Unlike many startups chasing rapid capital, Haball stayed the course for ye…

The proceeds from the financing will establish the company's leadership in the Pakistani market and launch it in the GCC countries, as it is scheduled to enter the Saudi market in 2025 in light of the great demand for Sharia-compliant financing for small and medium enterprises Zain Venture Capital led the fundraising round, while Mezzan, Pakistan's largest Islamic bank, led the funding component. With the participation of many major private inv…