Egyptian FinTech MNT-HALAN secures financing of $ 400 million, evaluation increases to over $ 1 billion-fintech

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Das ägyptische Fintech MNT-Halan gab am 1. Februar bekannt, dass es über 340 Millionen US-Dollar über Fremd- und Eigenkapital aufgenommen hat und erwartet, weitere 60 Millionen US-Dollar von führenden internationalen Investoren aufzubringen. In der jüngsten Finanzierungsrunde steigt die Bewertung von MNT-Halan auf über 1 Milliarde US-Dollar, was es Berichten zufolge zum „einzigen privaten Milliarden-Dollar-Unternehmen“ des Landes macht. „Ägyptens größte Fintech-Erfolgsgeschichte“ MNT-Halan, ein ägyptisches Fintech, das der Bevölkerung des Landes ohne Bankverbindung dient, gab am 1. Februar bekannt, dass es fast 340 Millionen US-Dollar über Fremd- und Eigenkapitalfinanzierung aufgebracht hat. Das Fintech sagte auch, es befinde sich „in fortgeschrittenen Stadien mit …
The Egyptian FinTech MNT-HALAN announced on February 1 that it has taken up over $ 340 million about external and equity and expected to raise another $ 60 million from leading international investors. In the recent round of financing, MNT-HALAN's assessment increases to over $ 1 billion, which is reported to be the "only private billion dollar company" in the country. “Egypt's biggest fintech success story” MNT-HALAN, an Egyptian fintech that serves the country's population without bank details, announced on February 1 that it raised almost $ 340 million on foreign and equity financing. The fintech also said that it is “in advanced stages with ... (Symbolbild/KNAT)
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The Egyptian FinTech MNT-HALAN announced on February 1 that it has accepted over $ 340 million on foreign and equity and expected to raise another $ 60 million from leading international investors. In the recent round of financing, MNT-HALAN's assessment increases to over $ 1 billion, which is reported to be the "only private billion dollar company in the country".

"Egypt's greatest fintech success story"

MNT-HALAN, an Egyptian fintech that serves the country's population without bank details, announced on February 1 that it raised almost $ 340 million on foreign and equity financing. The FinTech also said that it is "in advanced stadiums with leading international investors to raise $ 60 million of primary capital". This increases the secured total capital to over $ 400 million.

After completing this finance round, MNT-HALAN's evaluation will then increase to over $ 1 billion, said the fintech. According to a statement , Chimera Abu Dhabi, a private investment company that manages a portfolio of listed and non-listed shares, invested more than $ 200 million. In return, Chimera received Abu Dhabi equity in the amount of over 20 % of the company. Seif Fikry, CEO of the investment company:

said to invest Chimera Abu Dhabi

We are happy to be part of Egypt's greatest fintech success story. The upward trend and the dynamics of MNT-HALAN reflect the realization of his extraordinary vision of the management team to transform a high-touch company by seamlessly inserting an unprecedented proprietary technology platform and at the same time increasing the product depth for its target customer segment.

Mounir Nakhla, the founder and CEO of MNT-HALAN, praised the support of Chimera Abu Dhabi and the time of investment as evidence of his trust in the Fintech startup.

In the meantime,

In the meantime, the explanation revealed that the remaining capital of $ 140 million was secured by two securitized bond emissions. The TasaEel Microfinance Company, one of the two MNT-HALAN subsidiaries, has finished $ 100 million from your credit directory as part of the second edition of its securitization program. Halan Consumer Finance, on the other hand, "secured $ 40 million of his credit book when he was first released in 2021.

according to a techcrunch report mnt-halans Evaluation of over one billion US dollar "makes it the only private billion dollar company Egypt".

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Terence Zimwara

Terence Zimwara is an award -winning journalist, author and writer from Zimbabwe. He wrote in detail about the economic problems of some African countries and how digital currencies Africans can offer an escape route.












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