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MNT-Halan's valuation has reached $1.4bn following an investment led by Al Ahly Capital. The funding round's first closing occurred on June 8, 2026, focusing on domestic expansion and regional growth.

PRIVATEJun 09, 2026•6 days ago

Amount Raised

$1.4 Billion

GizaE CommerceRetailFintechInternet

Investors

Al Ahly Capital

Description

MNT-Halan, Egypt’s first fintech unicorn, secured a valuation of $1.4bn after a new investment led by Al Ahly Capital. The first closing of this ongoing funding round was announced on June 8, 2026. The investment aims to expand operations in Egypt and support regional growth. MNT-Halan continues to strengthen partnerships with traditional financial institutions in the fintech sector.

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.

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