Egyptian Fintech MNT-Halan Secures $157.5 Million in Fresh Funding
MNT-Halan has secured $157.5 million in funding for its geographical expansion. The funding includes $40 million from the International Finance Corporation (IFC) and investments from other firms.
Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand
MNT-Halan has raised $157.5 million in funding to acquire Turkish fintech Tam Finans. The combined entity resulting from the acquisition will have a loan book of nearly $1 billion.
Egyptian Fintech MNT-Halan Raises USD 157.5 M For Expansion
MNT-Halan raised USD 157.5 M in capital, with USD 40 M from the International Finance Corporation (IFC). Other investors include Development Partners International, Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.
MNT-Halan raises $157.5 million 17 months after becoming Egypt’s first unicorn
MNT-Halan has secured $157.5 million in a new funding round led by the IFC. The startup's total funding now stands at $677.5 million over the past two years.
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.
