Haball

Haball is a Pakistani business-to-business (B2B) financial technology company founded in 2017 by Omer bin Ahsan. The company provides an end-to-end digital platform designed to automate and streamline payments, invoicing, and financing across corporate supply chains.

The platform serves a wide range of clients, from large multinational corporations like Coca-Cola to approximately 8,000 Small and Medium-sized Enterprises (SMEs) across Pakistan. It operates in various industries, including FMCG, pharmaceuticals, energy, construction, and airlines. Haball's business model has three main revenue streams: acting as a payments aggregator, providing digital invoicing services, and offering supply chain financing. This model focuses on replacing inefficient, paper-based processes with a transparent, digital, and Shariah-compliant system.

Key features of Haball's platform include digital payment collection, electronic invoicing, automated reconciliation, and access to Shariah-compliant financing products like Murabaha (cost-plus financing) and Tijarah (inventory-based financing). By digitizing these processes, Haball helps businesses improve cash flow visibility, reduce payment cycles, and lower cash-handling costs. The company has achieved significant milestones, including processing over US$3 billion in payments and disbursing over US$110 million in financing. In April 2025, Haball secured a substantial pre-Series A funding round of US$52 million, comprising US$5 million in equity led by Zayn VC and US$47 million in strategic financing from Meezan Bank. This funding is intended to solidify its market position in Pakistan and support expansion into the GCC region, starting with Saudi Arabia.

Regulatory achievements have been central to Haball's growth. It was the first fintech in Pakistan to be licensed by the Federal Board of Revenue for digital invoicing and was selected by the State Bank of Pakistan (SBP) as a multi-bank supply chain financing platform. More recently, in August 2025, the company received In-Principle Approval from the SBP for a Payment System Operator/Payment Service Provider (PSO/PSP) license and was included as a participant for Raast, Pakistan's instant payment system. These approvals allow Haball to control the entire payment experience, initiating payments directly from customer bank accounts and reducing reliance on traditional banking intermediaries.

Keywords: supply chain finance, B2B payments, fintech, digital invoicing, Shariah-compliant financing, corporate payments, SME financing, Islamic finance, payment aggregator, financial technology, digital lending, Pakistan, GCC, Omer bin Ahsan, Zayn VC, Meezan Bank, Raast, e-invoicing, working capital, trade finance