Hala acquires UAE’s fintech Paymennt.com
- Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown sum.
- Founded in 2016 by Esam Alnahdi and Maher Loubieh, Hala provides financial tools to entrepreneurs and SMEs to start, run and grow their businesses. While Paymennt.com, established in 2017 by Bashar Saleh and Tarek Ghobar, offers SMEs a platform to support their offline-to-online journey along with an integrated online payment solution.
- This acquisition will allow Hala…