Fintech

Nov 2021

MNT-Halan is an Egypt-headquartered fintech platform providing digital lending, wallets, payments, and BNPL services to underbanked consumers and SMEs across MENAP. We invested in the company’s Series A round through our Egypt Growth Vehicle. Since then, MNT-Halan has scaled materially, including a 2023 raise of up to $400 million in equity and debt that valued the company at $1B+, and a $158 million follow-on in 2024 that included IFC participation. The 2024 capital supported the acquisition of Turkey’s Tam Finans to expand consumer credit and factoring capabilities, and in 2025 the company completed a $49m corporate bond issuance to further strengthen its funding base. With an integrated “super app” and growing product suite, MNT-Halan continues to build financial infrastructure for underserved customers at regional scale.

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