Egyptian Fintech MNT-Halan Raises USD 157.5 M For Expansion
WeeTracker | WT Data Labs - Jul 22, 2024
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Development Partners InternationalMNT-HalanApis Partners LLPInternational Finance CorporationLorax Capital Partners
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  • MNT-Halan raised USD 157.5 M in capital, with USD 40 M from the International Finance Corporation (IFC).
  • Other investors include Development Partners International, Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.
  • The company offers a fintech ecosystem that connects customers, vendors, and micro-enterprises and provides services like ride-hailing and logistics.
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The successful capital raise of USD 157.5 M for MNT-Halan indicates strong investor confidence in the Egyptian fintech company. With the support of prominent investors and its comprehensive fintech ecosystem, MNT-Halan is well-positioned for expansion and further growth in the market.
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