THE MIDDLE EAST’S

35. Hesabe
Description: Electronic payment service company
Headquarters: Kuwait
Date of Establishment: 2018
CEO: Rakan Aladsani
Established as an internal payment collection platform for its parent company, LGA Capital, Hesabe has evolved to provide payment solutions to merchants in Kuwait, including payment gateways, invoice payments, QR code payments, and POS terminals. The company processed $1 billion of transactions in 2024 and received approval from the Central Bank of Kuwait as a large electronic payment service provider. Hesabe has also launched Hesabe Consultancy, a subsidiary offering bookkeeping and financial services to merchants.