Saudi Arabia-based Hala, which offers payment services to more than 142,000 SMBs in the Gulf region, raised a $157M Series B, source says at a ~$900M valuation (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
Saudi Arabia-based Hala, which offers payment services to more than 142,000 SMBs in the Gulf region, raised a $157M Series B, source says at a ~$900M valuation  —  Hala, a Saudi Arabia-based fintech company, raised $157 million in one of the largest-ever funding rounds for an early-stage startup in the Middle East.