Egyptian fintech unicorn MNT-Halan secures $76.5M in securitisation deals across two subsidiaries. The financing strengthens funding diversification and supports expansion of financing activities.
PRIVATEOct 06, 2026
Amount Raised
$76.5 Million
Round Type
Venture
GizaE CommerceRetailFintechInternet
Description
MNT-Halan completed three securitisation issuances totaling EGP4 billion ($76.5 million) for subsidiaries Halan Consumer Finance and Tasaheel for Finance. The issuances include EGP528.5 million ($10.1 million) for Halan Consumer Finance, EGP1.2 billion ($23 million), and EGP2.28 billion ($43.6 million) for Tasaheel for Finance. These securitisation deals strengthen MNT-Halan's access to diversified funding sources. The financing supports the continued expansion of the company's financing activities across Egypt.
Company Information
Company
MNT-Halan
Location
Giza, Giza, Egypt
About
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 was created to digitally bank the unbanked and substitute cash with electronic solutions. The MNT-Halan digital ecosystem includes small and micro business lending, payments, consumer finance, and e-commerce. With c.1 million monthly active users, MNT-Halan serves more than 4 million customers in Egypt, of which 3.1 million are financial clients and 1.8 million are borrowers. MNT-Halan has obtained the micro, consumer and nano finance licenses from the Financial Regulatory Authority enabling it to provide services to both businesses and consumers across Egypt. It has also obtained the first independent electronic wallet license from the Central Bank of Egypt to disburse, collect and transfer money digitally through mobile applications.
Fundz sees it the moment MNT-Halan raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
GizaE CommerceRetailFintechInternet