Egyptian Fintech Unicorn MNT-Halan Secures Backing to Expand Digital Financial Services
MNT-Halan, Egypt and MENA’s first fintech unicorn, announced the successful first closing of an investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), following the completion of all necessary approvals from the relevant regulatory authorities. The transaction marks a significant milestone for both the company and Egypt’s fintech and non-bank financial services sector. A second closing is expected to follow as part of the ongoing investment round.
MNT-Halan’s valuation now stands at USD 1.4 billion, further reinforcing the company’s position as one of the region’s leading fintech platforms and highlighting investor confidence in its long-term growth strategy and market leadership. The company will mostly deploy the transaction proceeds to expand its operations in Egypt, while also supporting its regional expansion ambitions.
Over the years, MNT-Halan has established itself as one of the largest fintechs operating in Egypt and Türkiye. The company also owns a specialized bank focused on supporting micro and small businesses in Pakistan and has been operating in the UAE since 2024, with plans to continue its expansion into new markets across the Gulf region.
