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MNT-Halan Hits $1.4 Billion Valuation in New Funding Round Led by Al Ahly Capital

Egypt’s fintech giant MNT-Halan has reached a valuation of $1.4 billion following the first closing of a new investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt. The transaction was finalized after securing...

MNT-Halan expands to the UAE market to drive financial inclusion

Egypt’s fintech company MNT-Halan has expanded to the UAE market marking a key milestone in its expansion plans across the region. Founded in 2017 by Mounir Nakhla ,Chairman and CEO , MNT-Halan provides business and consumer loans, pre-paid cards, e-wallets,...

Egyp’s MNT-Halan Raises $160 Million to expand across the region

MNT-Halan, Egypt’s first unicorn has raised US $157.5 million aimed to accelerate its regional expansion.  The fund included $40 million from the International Finance Corporation (IFC) and the remainder from DPI (Development Partners International), Lorax Capital Partners, funds managed...

Egypt’s fintech MNT-Halan secures $400 million at valuation of $1 billion

Egyptian fintech and e-commerce ecosystem MNT-Halan has secured up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked customers in the North African country. The round includes $260...

Egypt’s MNT-Halan acquires B2B e-commerce platform Talabeyah for undisclosed amount

Egypt-based fintech MNT-Halan has acquired Talabeyah, a B2B e-commerce platform that offers FMCG supplies for undisclosed amount Talabeyah was founded in 2020 by Karim Nassef, Amr Abbas, and Khaled Hussein to disrupt and digitize the informal FMCG market in Egypt...

Egyptian Fintech MNT-Halan Raises $120m for Expansion

MNT-Halan, an Egyptian fintech startup has secured a US$120 million investment from major global and regional growth investors in order to expand internationally and further develop its product. MNT-Halan is the product of a merger and acquisition between MNT and Halan Inc....

Fintech and Energy Sectors Dominate Deals as African Startup Funding Rebounds to $3.2bn in 2025

African Fintech sector has retained its position at the top of the continent’s funding table in 2025, even as the broader market reshapes around a handful of very large deals. According to reports by Africa:The Big Deal, after falling sharply...

Egypt-based healthtech Marts secures six-figure bridge round from Acasia Ventures

Egypt-based healthtech Pharmacy Marts has raised a six-figure bridge round, led by Acasia Ventures. Early-stage venture capital Acasia Ventures has invested a six-figure bridge round in Cairo-based digital marketplace Pharmacy Marts. Founded in 2021 by Ahmed Kadous, Ahmed Mazhar, Haitham...

Creative Dock Group’s FoundersLane expands to Egypt

Berlin-based corporate venture builder FoundersLane, which was recently acquired by Creative Dock Group (CDG), has expanded its operations to Egypt. This comes as part of the Group's commitment to invest up to €100 million in startups based in the...

DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies

Development Partners International (DPI), an investment firm focused on Africa, has announced that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an...
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