Amount Raised
$120 Million
Round Type
Funding Round
GizaE CommerceRetailFintechInternetDescription
MNT-Halan, Egypt’s leading fintech ecosystem, announced today a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital Partners. In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech. This round of investment demonstrates confidence in the fintech opportunity in Egypt and further institutionalizes the capitalization table of MNT-Halan. Previous investors of MNT-Halan have included GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, Egypt Ventures, Battery Road Digital Holdings, and Shaka VC.
Quick answer
MNT-Halan raised $120 Million in a Funding Round round, dated September 8, 2021. MNT-Halan is based in Giza, Giza, Egypt.
- How much did MNT-Halan raise?
- MNT-Halan raised $120 Million in a Funding Round round on September 8, 2021.
- 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 is MNT-Halan based and how big is it?
- MNT-Halan is based in Giza, Giza, Egypt.
- Who are the decision-makers at MNT-Halan?
- Fundz holds 3 contacts at MNT-Halan, including the Chief People Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Retail around the same time
Companies in the same sectors as MNT-Halan that raised within 45 days of this round, from Fundz verified event records.
- Guess? raised an undisclosed amount on October 13, 2021.
- Olivela raised $6.9M on October 7, 2021.
- Buckle raised $60M (Funding Round) on September 29, 2021.
- Marmalade raised $29M on September 28, 2021.
- Kudos raised $2.8M (Seed) on September 22, 2021.
- Pine Labs Limited raised $100M (IPO) on September 16, 2021.
Who to call at MNT-Halan, and when
A new round usually means MNT-Halan is about to hire and buy. The teams that reach out first get the meeting.
- 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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Fundz sees it the moment MNT-Halan raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
MNT-Halan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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