“Can a Pakistan-born Shariah-compliant B2B supply chain payments and financing platform become the dominant Islamic SME finance infrastructure across the GCC?”
Founded in 2017 as a B2B supply chain payments fintech in Pakistan, Haball built out an open-loop, multi-bank corporate payment gateway (Blink) integrated with 26+ Pakistani banks. It layered on Wisaaq, a Shariah-compliant Islamic supply chain financing platform, in partnership with Meezan Bank and other lenders. Following a $52M pre-Series A in 2025 (including a $47M financing allocation from Meezan Bank), Haball is expanding beyond Pakistan into Saudi Arabia and the wider GCC to serve Islamic SME financing demand.
Haball discloses Meezan Bank, UBL, Faysal Bank, Bank Alfalah and Telenor Microfinance Bank as its sponsor banks, according to the Embedded Finance Index 2026.
Haball does not disclose a bank charter of its own; its banking services are provided through Meezan Bank, UBL, Faysal Bank, Bank Alfalah and Telenor Microfinance Bank.
Haball processes payments through Blink (self-operated).
Haball's lending and capital products are provided by Meezan Bank, Bank Alfalah, Faysal Bank and UBL.
The Embedded Finance Index 2026 maps 3 layers in Haball's stack: Payments / PSP (Blink (self-operated)); Lending (Meezan Bank, Bank Alfalah, Faysal Bank, UBL and 3 others); Sponsor bank (Meezan Bank, UBL, Faysal Bank, Bank Alfalah and 1 other).
Haball was founded by Omer bin Ahsan and is founded in 2017, headquartered in Karachi, Pakistan.
Haball has raised $52M (pre-Series A, 2025) in total (latest round: Pre-Series A, 2025).
Get a read on where your own stack stands against Haball and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.