Haball, a trailblazer in Pakistan’s supply chain financing and payments industry, has successfully raised $52 million in a pre-Series A funding round. This significant milestone includes $5 million in equity investments and $47 million in strategic financing.
The equity funding round was spearheaded by Zayn VC, a leading venture capital firm in Pakistan. Other contributors included Majlis Advisory SPV, prominent angel investors from Saudi Arabia, and a leading business group. The strategic financing component was provided by Meezan Bank Limited, Pakistan’s largest Islamic bank, renowned for its AAA/A-1+ rating.
Since its establishment in 2017, Haball has maintained a disciplined approach to fundraising, securing investments aligned with its unit economics and strategic goals. The funds raised will enable Haball to strengthen its foothold in Pakistan and begin its expansion into the GCC region, addressing the growing demand for shariah-compliant financial services tailored for SMEs.
Currently, supply chain financing in Pakistan is emerging as a vital sector, valued at an estimated $9 billion, fueled by the critical financing gap affecting SMEs—less than 5% of them have access to funding from commercial banks.
In 2025, Haball plans to establish its presence in Saudi Arabia, aiming to empower SMEs and stimulate economic opportunities. A regional office will be launched in the Kingdom, with further market entries being explored in the UAE, Qatar, and other Middle Eastern and Asian regions.
Omer bin Ahsan, Haball’s Founder and CEO, emphasized:
"Pakistan’s supply chain has long awaited an efficient, transparent system to address key gaps in business payments and financing. Haball’s comprehensive digital financial solutions aim to drive growth, foster financial inclusion, and fulfill the pressing needs of SMEs across the GCC region. Expanding into markets like Saudi Arabia is just the beginning of our mission to revolutionize Islamic finance and supply chain ecosystems."
Haball is renowned for offering shariah-compliant financial solutions for SMEs and multinational corporations. Its cutting-edge platform integrates payment collections, digital invoicing, tax compliance, and financing tools—enhancing cash flow visibility, simplifying tax processes, and boosting economic inclusion.
As the leading provider of supply chain financial services in Pakistan, Haball has processed over $3 billion in payments and disbursed $110 million in financing. Its clientele includes nearly 8,000 SMEs and corporations like Coca-Cola.
Collaborating closely with regulators, Haball became the first fintech in Pakistan to secure a Federal Board of Revenue license for digital invoicing. It has been recognized by the State Bank as a multi-bank supply chain financing platform and is set to obtain a payment initiation service provider license for access to Raast, Pakistan’s instant payment system.
Syed Tanveer Hussain, Meezan Bank’s Group Executive, commented:
"Our partnership with Haball underscores our shared commitment to advancing Pakistan’s financial framework, creating growth opportunities for SMEs, and enhancing supply chain resilience."
Faisal Aftab, Founder and Managing Partner at Zayn VC, added:
"Our decision to invest in Haball reflects our belief in their innovative financial solutions. The GCC’s focus on supply chain modernization presents immense potential for Haball to scale its proven model and address critical financing challenges."
Backed by a team of industry experts with experience in banking, regulations, and corporate leadership, Haball continues to set benchmarks in fintech innovation and economic empowerment.