MNT-Halan

5 results about this entity

Period: 08 Sep 2021 - 26 Jul 2024

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Company announcement/markets

MNT-Halan acquires Tam Fina

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD). Terms of the transaction were not disclosed.

26 July 2024

News/inclusion

Egypt's MNT-Halan raises $157.5m for regional push

Egyptian fintech unicorn MNT-Halan is prepping regional expansion after securing around $157.5 million in funding.

25 July 2024

News/retail

Egypt's MNT-Halan hits unicorn status

Private investing firm Chimera Abu Dhabi has bought a 20% stake in Egyptian fintech MNT-Halan for $200 million.

02 February 2023

Company announcement/payments

Egypt's MNT-Halan moves into BNPL arena

MNT-Halan, Egypt’s leading fintech player, has announced the successful addition of its Buy-Now-Pay-Later (BNPL) feature to its comprehensive digital ecosystem that includes small and micro business lending, payments, consumer finance, bill payments, e-commerce, and delivery, all of which are backed by Neuron, the company’s proprietary technology.

19 January 2022

Company announcement/inclusion

Egypt’s fintech ecosystem MNT-Halan announces $120m investment

International (DPI), and Lorax Capital Partners. In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech. This round of investment demonstrates confidence in the fintech opportunity in Egypt and further institutionalizes the capitalization table of MNT-Halan. Previous investors of MNT-Halan have included GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, Egypt Ventures, Battery Road Digital Holdings, and Shaka VC.

08 September 2021