MNT-Halan
Egyptian fintech offering loans, payments and e-commerce to underbanked customers
Based in Cairo, founded 2018
The numbers
$1.4bnValuation
$20mTotal raised
1,750Headcount
41.7%Headcount growth
2018Founded
Why it’s on the list
MNT-Halan became Egypt's first private tech company valued above $1 billion, lending to people traditional banks overlook. It has disbursed more than $15.5 billion in loans to over 8 million customers, and in 2026 Al Ahly Capital became the first commercial bank to take an equity stake, ahead of a planned listing on the Egyptian Exchange.
Funding history
2017Seed$525k
2018Series A$4.5m
2020Series A$15m
On Founding MENA
Why So Many of MENA’s Biggest Fintech Companies Came From Egypt
Egypt has produced an outsized share of the Middle East’s biggest fintech companies.
20 Oct 2026
Careem
10 slides
Founding MENA #6
More fundraises, an acquisition and A16Z's first GCC deal ...
16 Feb 2026
MNT-Halan: Mounir Nakhla
Founding MENA #22
Another week of activity across the ecosystem.
15 Jun 2026
