Egyptian fintech unicorn MNT-Halan has secured a strategic investment from Al Ahly Capital, the investment arm of the National Bank of Egypt, in the first closing of an ongoing funding round that values the company at USD 1.4 B.

Founded in 2018 by Mounir Nakhla, MNT-Halan is a fintech and non-bank financial services platform offering digital lending, payments, e-wallets, investments, and e-commerce services across Egypt, Türkiye, Pakistan, and the UAE.

While the investment amount was not disclosed, the proceeds will primarily support expansion in Egypt and fuel regional growth. Since launch, MNT-Halan has disbursed more than USD 15.5 B in loans and served over 8 million customers globally, reinforcing its position as one of MENA’s largest fintech platforms.

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