العربية

Chairman of the Board, Wallet Holding

Waleed Alhazmi

A senior executive with 20+ years of founding, leading and scaling companies. Today he leads Wallet Holding, the group behind 100+ digital brands serving everyday life across Saudi Arabia.

Explore the brands → Wallet Holding website
100+
Digital brands
20+
Years of experience
10
Board memberships
Waleed Alhazmi
Wallet
Wallet HoldingGroup Chief Executive Officer · Since 2023
101Active brands

Brand Portfolio

Digital brands signed “By Wallet”

An ecosystem of apps and brands across food, home services, beauty & care and lifestyle. Tap any brand to visit it.

Waleed Alhazmi

Chairman of the Board, Wallet Holding

Group CEO — Wallet Business Incubator

101Active brands
+20Years of experience

101 Active Portfolio

About

Leadership that builds success stories

A senior-level executive with extensive hands-on experience and a record of successful accomplishments in managing companies, providing leadership and direction, overseeing reporting, and advising on long-term business planning.

Driven to build great and inspiring success stories, bringing exceptional strategic direction for the smooth running and growth of companies, and achieving their vision together with every team.

City
Riyadh
Nationality
Saudi
Experience
20+ years
Focus
Executive leadership & venture building

Why Waleed Alhazmi?

Numbers that make the difference

Board Memberships

10
Board memberships
100%
Meeting attendance
4
Acquisitions
3
Mergers

Operational Excellence

1B+
Revenues
100M+
Payroll managed
10M
sqm facilities managed
8
Months to breakeven

Leadership & Teams

50+
Future leaders
100K+
Training hours
200+
Internal team built
3K+
Remote & part-time staff

Financial Management

100M+
Investment round
60M+
Bank financing
40M+
Bank facilities
Top 4
Financial auditor

Workforce

4K+
Saudi employees
40K+
Non-Saudi employees
4K+
Domestic helpers
87%+
Compliance

Technology & Apps

38+
Apps
12+
Technologies
3+
ERP systems
4+
Data centers

Wallet Holding

A holding platform for digital lifestyle brands

Wallet Holding owns, operates and scales digital lifestyle brands for everyday consumer needs in Saudi Arabia. It works as a venture studio building tech ecosystems and digital business incubators, powered by custom AI models for e-commerce and logistics integration.

Our mission

To build scalable digital businesses powered by artificial intelligence and innovation.

Visit wallet.com.sa
1B
Valuation
5M
Customers
10K
Employees
100+
App brands

What we do

  • Building and owning digital brands
  • Incubators, accelerators & shared co-working spaces for SMEs (Monsha’at license 1063)
  • Building ventures with partners
  • Scalable digital solutions: mobile apps & cloud
  • Shared operational & logistics infrastructure
  • AI-driven automation
  • Business support & outsourcing

Sectors

  • Lifestyle & on-demand services
  • Food & beverages
  • Clothing & footwear
  • Travel
  • Hotels & resorts
  • Real estate & housing
  • Entertainment & gaming

Career

20+ years of experience

  1. Oct 2023 – Present

    Group Chief Executive Officer

    Wallet Holding Business Incubator — mobile apps lifestyle experience

  2. Sep 2022 – Apr 2023

    Consultant & Board Advisor

    Initial Saudi Group — Facilities Management

  3. Sep 2022 – Apr 2023

    CEO & Board Advisor

    Workforce Human Resources Company

  4. Aug 2014 – Dec 2019

    Deputy Chairman & Managing Director, Group CEO

    Daa’m for Human Resources

  5. 2014 – 2019

    Brands Workforce Management

    Cenomi — Fawaz Al-Hokair Group

  6. Aug 2014 – 2018

    Founder & Managing Director, Founder & CEO

    Rent for Facilities Management — Riyadh

  7. Aug 2013 – Dec 2014

    Chief Executive & Founding Committee

    Al-Obeikan for Investment

  8. Jan 2012 – Jan 2013

    Chief Operating Officer

    NAS Human Resources Company

  9. Jan 2005 – Apr 2012

    Co-founder & CEO

    Family business — F&B franchise brand

  10. 2005 – 2012

    Operations Manager

    Absher Platform

  11. Jan 2000 – Jan 2005

    Operations Supervisor

    Almarai

Education & Accelerators

Always learning

King Saud University — College of Business Administration

Executive Mini Master’s in Entrepreneurship

Al-Imam Muhammad Ibn Saud Islamic University

English Language (current)

Google for Startups accelerator

AstroLabs

Monsha’at business accelerator

500 Startups

Contact

Let’s build the next success together

For partnerships, investment opportunities and venture building, we’d love to hear from you.