Pakistan-based fintech Haball has announced the successful close of its $52 million pre-Series A funding round, marking a major milestone in its mission to digitize the country’s B2B economy and supply chain financing sector.
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Founded in 2017 by Omar bin Ahsan, Haball has emerged as a leading player in Pakistan’s digital financial infrastructure landscape, providing seamless payments, invoicing, and financing solutions to manufacturers, distributors, and retailers across key industries.
The total raise includes $5 million in equity investment led by Zayn VC, with participation from Majlis Advisory SPV, strategic angel investors from Saudi Arabia, and a prominent Pakistani business conglomerate. The remaining $47 million has been secured through strategic debt financing, led primarily by Meezan Bank, Pakistan’s largest Islamic bank.
“We are building the financial backbone for Pakistan’s B2B economy — an ecosystem that drives 60% of the country’s GDP,” said Omar bin Ahsan, Founder & CEO of Haball. “This funding will allow us to deepen our infrastructure across payments, invoicing, and supply chain financing, and take our homegrown, Shariah-compliant solutions to new markets in the GCC.”
Haball’s platform tackles deep-rooted inefficiencies in Pakistan’s supply chains, where payments are often delayed, invoices are manual, and access to financing is limited.
Through its three core offerings — digital payments aggregation, automated invoicing (licensed by FBR), and Shariah-compliant supply chain financing — Haball enables faster cash flow, real-time transaction visibility, and working capital access for over 8,000 SMEs connected to its network. Major enterprises like Coca-Cola are already leveraging Haball’s platform to digitize their distributor and retailer networks.
Unlike traditional fintechs, Haball has partnered directly with regulated banks like Meezan Bank for supply chain financing, providing deep liquidity without carrying credit risk on its own balance sheet. This collaboration also validates Haball’s Shariah-compliant operating model — critical as the company eyes expansion into Gulf markets.
Haball’s fundraising approach has been unique in Pakistan’s startup ecosystem — opting for disciplined, milestone-based capital raises over several years instead of aggressive rounds. This strategy has not only protected its cap table but also ensured positive unit economics from early on.
“This is not a story of overnight growth or risky lending,” Omar emphasized. “It’s about building slow, safe, and clean — respecting the macroeconomic environment, controlling expenses, and creating real infrastructure before scaling.”
With its platform now established in Pakistan, Haball plans to leverage its technology and Shariah-compliant model to enter the GCC market — where Islamic supply chain financing is still at a nascent stage.
“Our vision is to become a vital part of the financial bloodstream of businesses across emerging markets — starting with Pakistan and expanding into the Gulf,” added Omar.
Haball is also in the process of acquiring a Payment Initiation Service Provider (PISP) license under Pakistan’s Raast framework, which will enable it to initiate payments directly from customer bank accounts — further strengthening its independence from traditional banking rails.
Haball is a Pakistan-based fintech company enabling digital payments, invoicing, and supply chain financing for manufacturers, distributors, and retailers. Founded in 2017, the company operates with a fully Shariah-compliant model and partners with leading banks to drive financial inclusion and efficiency across B2B ecosystems.
