Acquiring Company
MNT-Halan
Acquired Company
Tam Finans
Giza
IstanbulE CommerceRetailFintechInternetFinancial ServicesDescription
MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has completed the 100% acquisition of Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million from Actera Group and the European Bank for Reconstruction and Development (EBRD). This acquisition marks MNT-Halan’s expansion into Turkey and reflects its commitment to providing innovative financial services to businesses and individuals in the region.
Quick answer
MNT-Halan is acquiring Tam Finans, announced July 26, 2024. MNT-Halan is based in Giza, Giza, Egypt.
- How much did MNT-Halan pay for Tam Finans?
- The deal value was not disclosed.
- What does MNT-Halan do?
- MNT-Halan is Egypt’s leading fintech ecosystem and the largest and fastest growing lender to the unbanked and underbanked.
- Where are MNT-Halan and Tam Finans based?
- MNT-Halan is based in Giza, Giza, Egypt. Tam Finans is based in Istanbul, Istanbul, Turkey.
- Who are the decision-makers at MNT-Halan?
- Fundz holds 3 contacts at MNT-Halan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at MNT-Halan, and when
When MNT-Halan changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day MNT-Halan raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MNT-Halan, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Tam Finans?
Tam Finans was acquired by MNT-Halan, based in Giza. The deal was reported on July 26, 2024. MNT-Halan is Egypt’s leading fintech ecosystem and the largest and fastest growing lender to the unbanked and underbanked. Founded in 2018, with roots dating back to 2010, the company is headquartered in Cairo, Egypt. MNT-Halan is privately held and operates in E Commerce.
When did MNT-Halan acquire Tam Finans?
MNT-Halan's acquisition of Tam Finans was reported on July 26, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tam Finans do?
Tam Finans is one of Turkey’s leading commercial finance companies that has been operating since 2012 and with a factoring license by the Banking Regulation and Supervision Agency. It is privately held, operating in Financial Services, and is based in Istanbul.
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