Haball Secures $52M to Expand Fintech Services Across Pakistan and Gulf

Editorial Team

Last updated 8-04-2025

2 min

Haball secured $52 million in Pre-Series A funding, led by Zayn VC and Meezan Bank.

The funds will boost its presence in Pakistan and enable expansion into the Gulf region.

CEO Umar bin Ahsan aims to fill gaps in payment systems and offer Sharia-compliant services.

The fintech firm processes over $3 billion and supports 8,000 SMEs with $110 million financing.

Potential regional office in Saudi Arabia is planned for 2025.

Pakistani fintech startup Haball has successfully bagged $52 million in its recent Pre-Series A funding round, reflecting growing investor confidence in digital financing solutions. The sizeable investment includes $5 million in equity funding—with Pakistan-based firm Zayn VC taking the lead—and another $47 million in strategic financing provided by Meezan Bank, a major Islamic banking player.

A bunch of additional investors from Saudi Arabia and Pakistan joined the investment party, backing what appears to be a promising endeavour. Haball plans to deploy these fresh funds primarily to strengthen its foothold in its home market, Pakistan, and to embark on expansion into the Gulf region. The startup has its eye on Saudi Arabia specifically, aiming to set up a regional office there in 2025.

Haball’s CEO and founder, Umar bin Ahsan, highlighted the company's core objectives in a statement, saying:

“We aim to address critical gaps in payments systems and supply chain financing that currently exist in Pakistan, while also meeting the rising demand for Sharia-compliant digital financial services among SMEs across Gulf countries.”

The fintech firm offers rather handy and crucial services such as digital invoicing, payment collections, tax compliance, and Islamic finance solutions. To date, Haball has proved itself quite a heavyweight in the fintech sector, already processing over $3 billion worth of payments. Additionally, they've extended more than $110 million of financing to about 8,000 small and medium-sized businesses throughout Pakistan.

Honestly, seeing fintech initiatives like Haball making their mark reminds me of the excitement I've seen from folks on platforms like Arageek when discussing innovation coming from emerging economies. Could Haball be the star of a new tech boom in South Asia and beyond? Something tells me we've barely scratched the surface of what's possible.

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