Fintech startup MNT-Halan adds new feature to its digital ecosystem

EGYPT – MNT-Halan, an Egyptian fintech startup, has added a buy-now-pay-later (BNPL) feature to its digital ecosystem, which also includes business lending, payments, consumer finance, bill payments, e-commerce, and delivery, backed by Neuron, the company’s proprietary technology. Having begun life as a ride-hailing app for two- and three-wheeler vehicles back in 2018, MNT-Halan has morphed into a super app of…

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Fintech MNT-Halan secures US$120m circa investment from three private equity funds

EGYPT – MNT-Halan, a microfinance lending and payments company, has announced a circa US$120 million investment from three private equity funds and a group of venture capitalists. The investment was from 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,…

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