Pakistan supply chain fintech Haball secures $52 million pre-Series A to expand to GCC

Haball, a Karachi-based fintech founded by Omer bin Ahsan, has raised $52 million in pre-Series A funding to drive its expansion into the GCC, beginning with a Saudi market entry in 2025.

The round includes $5 million in equity led by Zayn VC and $47 million in shariah-compliant debt from Meezan Bank, Pakistan’s largest Islamic bank, alongside participation from Saudi private investors.

Haball offers supply chain financing and digital invoicing solutions for SMEs and multinationals like Coca-Cola, addressing a critical credit gap in Pakistan’s B2B landscape.

With over $3 billion in payments processed and $110 million in financing disbursed, the company now aims to replicate its model in markets like the UAE and Qatar, positioning itself as a key infrastructure layer for Islamic SME finance across the region.