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MENA Startups
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MNT-Halan

fintech
growth/late-stage (unicorn)
cairo, egypt

About

Started in 2018 as a ride-hailing and logistics platform, MNT-Halan has expanded into one of the region’s largest non-bank financial services providers, offering consumer finance and micro-lending across MENA.

Founders

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Mounir Nakhla

Founder

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Mounir Nakhla

Founder

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Uwem Uwemakpan

Head of Investments

Recent News

African venture capital is backing fewer founders than ever
funding
11 days ago

African venture capital is backing fewer founders than ever

Venture capital in Africa concentrated heavily in H1 2026: the top 30 startups captured 84% of disclosed capital, with mid-size and late-stage rounds dominating while seed/pre-seed deals collapsed. Large transactions — led by a $327M raise for Spiro — drove totals even as investors backed far fewer founders.

Finovate Global Egypt: Investing in Unicorns and Point of Sale Financing Startups
fintech
about 2 months ago

Finovate Global Egypt: Investing in Unicorns and Point of Sale Financing Startups

Egyptian fintechs saw major funding and partnerships this week, led by MNT-Halan's valuation jump after a $30M investment from Al Ahly Capital and Blnk's $37M debt and equity round to expand point-of-sale financing, while Telda partnered with Mastercard to embed payments and investment flows.

Egypt’s largest bank buys stake in MNT-Halan as valuation reaches $1.4 billion
fintech
about 2 months ago

Egypt’s largest bank buys stake in MNT-Halan as valuation reaches $1.4 billion

Egyptian fintech MNT-Halan has raised a new investment led by Al Ahly Capital that lifts its valuation to $1.4 billion as the company accelerates regional expansion and acquisitions across MENA.

Company Info

Total Funding

$157.5 million

Stage

growth/late-stage (unicorn)

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