Egypt’s MNT-Halan raises $130m securitisation to take 2023 funding to over $400m
- MNT-Halan has raised $130 million in a securitisation round, bringing its total funding for the year to over $400 million.
- The company aims to digitally bank the unbanked and offers a range of financial services including lending, payments, consumer finance, and e-commerce.
- MNT-Halan plans to raise an additional $150 million by the end of the year.
MNT-Halan's successful fundraising rounds and growing user base demonstrate the strong demand for digital financial solutions in Egypt. With its innovative business model and high-quality loan book, the company is well-positioned for further growth and expansion in the region.
