Egypt's crackdown on consumer lending strengthens tycoon Mounir Nakhla's MNT-Halan
Egypt's freeze on new fintech lending licences and tighter oversight of consumer credit entrench incumbents, strengthening Mounir Nakhla's MNT-Halan most.
MNT-Halan
Egyptian fintech unicorn MNT-Halan could be Egypt's next major IPO
Egyptian fintech unicorn MNT-Halan is said to be worth up to $1 billion and is exploring a public listing that could make founder Mounir Nakhla one of Egypt's newest billionaires.
Egyptian fintech entrepreneur Mounir Nakhla's MNT-Halan hits $1.4 billion valuation
Egypt's MNT-Halan has hit a $1.4 billion valuation after Al Ahly Capital led a new funding round marking the first time a commercial bank has taken an equity stake in the fintech unicorn.
MNT-Halan CEO Mounir Nakhla is targeting EGP 30 billion in debt financing as Egypt's fintech unicorn keeps expanding
MNT-Halan CEO Mounir Nakhla says the company will target EGP 30 billion in securitization and bond issuances by end of 2026.
Mounir Nakhla’s MNT-Halan rolls out Egypt’s first digital secured loan
Mounir Nakhla’s MNT-Halan unveils Egypt’s first digital secured loan, offering fast, collateral-backed credit.
Mounir Nakhla’s MNT-Halan raises $49 million to boost lending in Egypt
MNT-Halan raises EGP 2.5 billion ($49.4 million) in bonds to expand its Egyptian loan book and fuel growth.
Egyptian fintech mogul Mounir Nakhla’s MNT-Halan bets $10 million on Pakistan expansion
The company plans to open 100 new branches in Pakistan and expand its digital lending platform by the end of 2025.
MNT-Halan enters UAE market with cutting-edge fintech solutions
MNT-Halan, Egypt's first unicorn fintech, launches in the UAE with its innovative financial super app, aiming to serve 250,000 customers by 2025 and boost financial inclusion across the GCC.
Meet Mounir Nakhla, the Egyptian entrepreneur behind Egypt’s first billion-dollar private tech firm
Nakhla has a strong vision to enhance financial inclusion and women’s economic empowerment through micro-finance.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan reaches $1-billion valuation in funding round
Under Nakhla, the fintech startup made strides in expanding its portfolio in 2022 with the strategic acquisition of Talabeyah.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan acquires e-commerce platform, Talabeyah
The acquisition aligns with the fintech firm’s strategic expansion plans as it moves to deliver value.