Resal: Funding, Investors & Team (Sep 2026)
Resal is Saudi-based startup was founded by Hatem Kameli ( Founder & CEO ) and Fouad AlFarhan ( Co-Founder & CTO ) , started from Jeddah – Saudi Arabia to all MENA Who we are ? Resal is leading the prepaid gift card market by offering all in one prepaid gift cards and rewards solutions for individuals and corporate in Middle East and North Africa We are here to make people and businesses smile and be delighted by developing an eGift Cards and rewards solutions to make gift cards and rewards easy to send and pleasing to receive at any time and in any place. We Are Offering End-to-end prepaid digital gift cards and rewards solutions and products Resal Store : It’s a one-stop-shop gift cards that help individuals to buy and send gift cards Resal Rewards (glee) : Corporate reward solution which help enterprise to offer employees, partners, customers gift cards as part of incentive and reward program Resal Channels : A business API and embedded technology that offer digital gift cards and rewards from over 400 brands to any 3rd party online channels and offline stores Resal Loyalty ( boonus ) : A loyalty management platform based on multiple rewarding programs that enable merchants and retailers to increase retention and customer spending Resal xCards ( gift card generator ) prepaid digital gift cards issuance solution which enable merchants to easily issue, manage digital gift card
Resal has raised $11.3M across 3 funding rounds on record, the most recent a Pre-Seed announced in Jul 2025.
Resal Company Profile and Key Stats
Latest funding round on record: Jul 2025.
Resal Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
Resal raised $2.3M in a Series A announced in Dec 2021.
2.7 years later, a Series A of $9.0M was announced in Aug 2024.
11 months later, a Pre-Seed was announced in Jul 2025 with no disclosed amount.
Resal Founders and Leadership Team
Contact details for the Resal team: 2 of 2 have an email address on file.
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Resal Funding FAQs
What does Resal do?
Resal is Saudi-based startup was founded by Hatem Kameli ( Founder & CEO ) and Fouad AlFarhan ( Co-Founder & CTO ) , started from Jeddah – Saudi Arabia to all MENA Who we are ? Resal is leading the prepaid gift card market by offering all in one prepaid gift cards and rewards solutions for individuals and corporate in Middle East and North Africa We are here to make people and businesses smile and be delighted by developing an eGift Cards and rewards solutions to make gift cards and rewards easy to send and pleasing to receive at any time and in any place. We Are Offering End-to-end prepaid digital gift cards and rewards solutions and products Resal Store : It’s a one-stop-shop gift cards that help individuals to buy and send gift cards Resal Rewards (glee) : Corporate reward solution which help enterprise to offer employees, partners, customers gift cards as part of incentive and reward program Resal Channels : A business API and embedded technology that offer digital gift cards and rewards from over 400 brands to any 3rd party online channels and offline stores Resal Loyalty ( boonus ) : A loyalty management platform based on multiple rewarding programs that enable merchants and retailers to increase retention and customer spending Resal xCards ( gift card generator ) prepaid digital gift cards issuance solution which enable merchants to easily issue, manage digital gift card
How much funding has Resal raised?
Resal has raised $11.3M across 3 rounds on record.
When did Resal last raise funding?
Resal's most recent funding round on record was announced in Jul 2025. The amount was not disclosed.
Who founded Resal?
FundedIQ lists Fouad Alfarhan (Founder) at Resal.
Who is the CEO of Resal?
Hatem Kameli is listed as CEO at Resal.
Where is Resal headquartered?
Resal is based in Jeddah, Makkah, Saudi Arabia.
How many employees does Resal have?
Resal is in the 51-100 employee band.
About FundedIQ's Resal Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Resal is left off this page rather than filled in.
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