Haball
Haball is a Pakistan-based B2B fintech providing an open-loop payment and supply chain financing platform (Wisaaq, Blink, Wasal) that serves large corporates, SMEs, and distributors across multiple verticals with Shariah-compliant financing and bank-agnostic digital payments.
- Company typePrivate
- Founded2017
- HeadquartersKarachi, Pakistan
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Haball does
Haball is a Pakistan-based B2B fintech founded in 2017 that operates an open-loop, multi-channel payment and supply chain financing platform for corporate value chains. The company's three core products are Wisaaq (the first end-to-end digital Islamic Supply Chain Financing Platform offering Shariah-compliant Tijarah and Murabah financing with funds disbursed within 5 seconds), Blink (a corporate payment gateway providing same-day settlement across 26+ banks and 11,000+ branches in Pakistan), and Wasal (an e-invoicing solution integrated with the Federal Board of Revenue for real-time invoice registration). The platform serves large corporates and manufacturers across FMCG, energy, pharma, shipping, distribution, and government verticals, alongside their SME and distributor counterparties, with Coca-Cola İçecek, Unilever Pakistan, National Foods, and Hutchison Ports among the named enterprise customers.
Haball's business model combines transaction-processing fees, subscription-based platform access, and usage-based margins on supply chain financing products. Go-to-market is executed through direct enterprise field sales, bank partner referral arrangements (with Standard Chartered, Citi, Bank Alfalah, UBL, Faysal Bank, Meezan Bank, and Askari Bank), and microfinance distribution via Telenor Microfinance Bank's 170,000 retail touchpoints. The company holds Payment Initiation Service Provider (PISP) status and received in-principle approval for a PSO/PSP license from the State Bank of Pakistan in August 2025, giving it regulatory authorization to oversee the entire B2B payments cycle.
The company is venture-backed with a $52 million pre-Series A round closed in April 2025, led by Zayn VC with $47 million in strategic financing from Meezan Bank. Headquartered in Karachi with a secondary office in Lahore, Haball employs 101-250 people, has processed over $3 billion in payments and facilitated $110 million in financing, and was recognized on the Forbes Asia 100 To Watch 2025 list. Funds from the latest raise are earmarked for domestic scaling and expansion into GCC markets including Saudi Arabia, UAE, and Qatar, leveraging Islamic finance expertise and bank partnerships.
Haball firmographics
Firmographics- Name
- Haball
- Legal name
- Haball - Private Ltd.
- Website
- https://haball.pk
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Haball is a Pakistan-based B2B fintech providing an open-loop payment and supply chain financing platform (Wisaaq, Blink, Wasal) that serves large corporates, SMEs, and distributors across multiple verticals with Shariah-compliant financing and bank-agnostic digital payments.
- Ownership category
- akta.pro rank
Haball industry classification
Industry- Product category
- B2B Payments and Supply Chain Financing
- NAICS
- Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)
- akta.pro secondary industries
- Islamic Trade Finance & Supply Chain (Shariah-compliant) (FSABAGAE), Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)
Keywords
Where Haball is headquartered
LocationHeadquarters
- HQ city
- Karachi
- HQ country
- Pakistan
- HQ region
- Asia
Offices2 records
Markets served
Haball business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Transaction Processing Fees: Fees charged on B2B payment transactions processed through the platform across the supply chain.
- Supply Chain Financing: Islamic financing products (Tijarah and Murabah) provided to SMEs and distributors against invoices, generating revenue through financing margins.
- Platform Subscription: Subscription-based access to corporate payment gateway, e-invoicing, and supply chain management solutions for enterprise clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Annual | Enterprise tier for large corporations requiring full platform access |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Haball product offering
Product offeringCore offering
Haball provides an open-loop, multi-channel, bank-agnostic B2B payment and supply chain financing platform for businesses across Pakistan. Its three core products—Wisaaq (Islamic supply chain financing with Tijarah and Murabah products disbursed within 5 seconds), Blink (corporate payment gateway integrated with 26+ banks and 11,000+ branches enabling same-day settlements), and Wasal (FBR-integrated digital e-invoicing)—automate the full order-to-cash cycle for corporates, distributors, retailers, and SMEs.
Product overview
Haball provides an open-loop, multi-channel and context-driven payment solution for businesses, operating as a unified B2B fintech platform specializing in supply chain financing and payments. The platform comprises three core products: Wisaaq (Islamic Supply Chain Financing Platform), Blink (Corporate Payment Gateway), and Wasal (E-Invoicing Solution). Wisaaq handles Shariah-compliant financing with disbursements within 5 seconds, Blink processes corporate receivables across 26+ banks with same-day settlements, and Wasal enables FBR-compliant e-invoicing. These products work together to digitize the entire order-to-cash lifecycle from invoice management to real-time settlements.
Differentiator
Problem solved
Functional benefit
Brands
- Wisaaq: Islamic Supply Chain Financing Platform - The first end-to-end digital Islamic Supply Chain Financing Platform connecting corporates, SMEs, and banks with Tijarah and Murabah financing products.
- Blink
- Wasal
Products and services
- Wisaaq The first end-to-end digital Islamic Supply Chain Financing Platform connecting corporates, SMEs, and banks. Provides Shariah-compliant Tijarah and Murabah financing products with funds disbursed within 5 seconds through integrated automated technology.
- Blink Corporate payment gateway enabling businesses to receive large payments on the same day from any bank. Provides access to 26+ banks and 11,000+ branches across Pakistan with automatic reconciliations, real-time notifications, and ERP integration via APIs.
- Wasal Digital E-Invoicing solution that integrates seamlessly with FBR (Federal Board of Revenue) and corporate ERP systems for real-time invoice registration with QR code generation and compliance validation.
Quantifiable outcome
- Funds disbursed within 5 seconds
- +4 more outcomes
Companies that use Haball
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Haball technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature5 records
Haball partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, secondary and minor.
- State Bank of PakistancoreReceived in-principle approval (IPA) for PSO/PSP license. Haball already holds Payment Initiation Service Provider (PISP) status and integrates with SBP's Raast infrastructure.
- Telenor Microfinance BankcorePartnership with Meezan Bank enabling Telenor's 170,000 registered retail touchpoints to make digital payments from any banking channel within Haball's network.
- Hutchison Ports PakistancorePartnership with Standard Chartered to digitalize terminal ports payments in Pakistan. Haball's platform enables 24x7 payment acceptance from shipping industry customers.
- Faysal BankcorePartnership to accelerate digital supply chain financing for SMEs, enabling Faysal Bank to deliver across 270 cities. Haball's Wisaaq platform enables SME access to Shariah-compliant financing.
- United Bank Limited (UBL)corePartnership giving Haball customers access to UBL's secure and reliable payment infrastructure with over 1,600 branches and ATMs across Pakistan.
- Bank AlfalahcorePartnership to launch digital supply chain Islamic financing for SMEs in Pakistan. Enables Bank Alfalah to deliver across 200 cities using cash flow transparency.
- Citibank PakistansecondaryReferral arrangement providing corporate clients a digital receivables solution enabling real-time reporting and reconciliation through Haball's platform.
- Askari BanksecondaryAgreement to expand payment methods and ease payment collection experience for businesses and corporate customers through Haball's digital platform.
- Standard Chartered Bank PakistancoreCorporate Alliance Agreement to digitize supply chain collections for SCBPL clients. First Fintech in Pakistan associated with SCBPL, enabling efficiency and growth in supply chain for large corporates.
- Karandaaz PakistanminorPilot to Scale Program partnership to digitize supply nodes in retail value chain. Haball creates ecosystem enabling digital payments from manufacturer to distributor to retailer to consumer.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Haball competitors and assessment
Company assessmentDirect peers
- C2FO: Global B2B working capital marketplace that allows suppliers to accelerate receivables and buyers to extend payables. Highly comparable to Haball's Wisaaq in offering invoice-based early payment and supply chain financing at the enterprise/SME intersection.
- Tradeshift: B2B marketplace and payments platform enabling electronic invoicing, supply chain financing, and integrated payments between corporates and suppliers. Closely matches Haball's combination of Wasal-style e-invoicing and Wisaaq-style supply chain financing.
- Stenn: B2B cross-border trade finance provider offering invoice financing and working capital to suppliers trading internationally. Comparable to Haball's Wisaaq product in extending credit against receivables for SME exporters/distributors.
- PrimeRevenue: One of the largest global supply chain finance platforms, providing multi-bank funded programs that allow buyers to extend payment terms while suppliers get paid early. Directly analogous to Haball's B2B trade credit and supply chain financing model.
- Tipalti: Global payables automation and B2B payment platform with AP automation, mass payouts, and supplier financing. Comparable to Haball's Blink in providing enterprise B2B payment infrastructure and reconciliation.
- Veem: Cross-border B2B payments network for small businesses, offering international payment processing and integrations with accounting software. Comparable to Haball's Blink in providing multi-bank, multi-currency payment routing for SMEs.
Regional players
- ABHI: UAE- and Pakistan-headquartered embedded finance platform offering earned wage access, payroll, and SME financing. Regional peer overlapping with Haball in Pakistan/MENA SME financing with a similar bank-partnership-led GTM.
- Tarabut Gateway: MENA's leading open banking platform connecting banks, fintechs, and consumers via APIs. Comparable to Haball in building bank-agnostic API infrastructure across the Middle East that could enable B2B payment and financing flows.
Others
- Karandaaz Pakistan: Pakistan-focused financial inclusion vehicle (DFID-backed) that has partnered with Haball under its Pilot to Scale Program. Thematically aligned as a domestic ecosystem enabler for digital supply chain finance.
Emerging players
- Optty: Global B2B payments orchestration platform providing a single API integration to multiple payment methods and providers. Comparable to Haball's open-loop, bank-agnostic API architecture for B2B payment routing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Haball social profiles
Digital presenceHaball financial estimates
Financial estimateRevenue estimate
Valuation estimate
Haball leadership team
Management profileNumber of profiles
Profiles1 record
Haball funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Haball M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Haball
What does Haball do?
Haball provides an open-loop, multi-channel, bank-agnostic B2B payment and supply chain financing platform for businesses across Pakistan. Its three core products—Wisaaq (Islamic supply chain financing with Tijarah and Murabah products disbursed within 5 seconds), Blink (corporate payment gateway integrated with 26+ banks and 11,000+ branches enabling same-day settlements), and Wasal (FBR-integrated digital e-invoicing)—automate the full order-to-cash cycle for corporates, distributors, retailers, and SMEs.
Is Haball a public or private company?
Haball is a private company. It is classified as venture growth investor backed and is currently operating.
When was Haball founded?
Haball was founded in 2017. It employs 101 to 250 people.
Where is Haball based?
Haball is headquartered in Karachi, Pakistan, in the Asia region.
How does Haball make money?
Three revenue lines are on record. Transaction Processing Fees are the primary driver. The others are supply Chain Financing and platform Subscription.
Who are Haball's main competitors?
Direct peers on record are C2FO, Tradeshift, Stenn, PrimeRevenue, Tipalti and Veem. Regional players are ABHI and Tarabut Gateway. Karandaaz Pakistan is listed as an others. Optty is listed as an emerging player.
Does Haball have an API?
Yes. Haball offers an Agile Open API infrastructure that includes onboarding, settlement, reconciliation, and more. The API enables integration with any corporate ERP via APIs, whether it's SAP, Oracle, or a customized system.
What industry is Haball in?
Haball's product category is B2B Payments and Supply Chain Financing. Its primary akta.pro industry code is FSAGAIAC, B2B / Invoice-Based BNPL (Trade Credit at Checkout), with a secondary code of FSABAGAE, Islamic Trade Finance & Supply Chain (Shariah-compliant). Its NAICS code is 52222 and its SIC code is 6153.