MNT-Halan
Platform connecting customers, vendors and micro-enterprises through its consumer facing app, merchant app, distributed lending and payment processing software, and payment solutions, as well as offering services such as ride-hailing and logistics
Location: Egypt
Website: https://www.mnt-halan.com/
Sector: Fintech
Funding Stage: Series B, Venture Round, Debt, Venture Round, Debt, Debt, Venture Round,
Total Funding ($m): 972
# of Founders: 3
Founding Year: 2017
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $15m | Series B | Middle East Venture Partners |
| 2021 | $120m | Venture Round | Apis Partners, Development Partners International, Lorax Capital Partners, Middle East Venture Partners, Shaka Ventures, Endeavor, Disruptech, Wamda Capital, Unidelta, Egypt Ventures |
| 2022 | $150m | Debt | Commercial International Bank (CIB) |
| 2023 | $260m | Venture Round | Chimera Investment, IFC |
| 2023 | $140m | Debt | n.a. |
| 2023 | $130m | Debt | Commercial International Bank (CIB), CI Capital, Al Ahli Bank of Kuwait, Al Baraka Bank, Arab African International Bank, Arab African Investment Management, Midbank, Misr Asset Management, Saudi Investment Bank (SAIB), Bank ABC, Arab International Bank, Banque Misr, Housing & Development Bank (HD Bank) |
| 2024 | $157m | Venture Round | IFC, Development Partners International, Lorax Capital Partners, Lunate, GB Corp |
Series B $15m
Middle East Venture PartnersVenture Round $120m
Apis Partners, Development Partners International, Lorax Capital Partners, Middle East Venture Partners, Shaka Ventures, Endeavor, Disruptech, Wamda Capital, Unidelta, Egypt VenturesDebt $150m
Commercial International Bank (CIB)Venture Round $260m
Chimera Investment, IFCDebt $140m
n.a.Debt $130m
Commercial International Bank (CIB), CI Capital, Al Ahli Bank of Kuwait, Al Baraka Bank, Arab African International Bank, Arab African Investment Management, Midbank, Misr Asset Management, Saudi Investment Bank (SAIB), Bank ABC, Arab International Bank, Banque Misr, Housing & Development Bank (HD Bank)Venture Round $157m
IFC, Development Partners International, Lorax Capital Partners, Lunate, GB CorpNews
https://disruptafrica.com/2024/07/22/egyptian-fintech-mnt-halan-raises-157-5m-to-fund-geographical-expansion/