About MNT Halan
MNT Halan is a company based in Giza (Egypt) founded in 2017.. MNT Halan has raised $667.5 million across 5 funding rounds from investors including International Finance Corporation, Lunate and Wamda. MNT Halan has completed 3 acquisitions, including Advans Pakistan, Talabeyah and Tam Finans. MNT Halan offers products and services including Microfinance Loans, Buy Now Pay Later, Digital Payments, and SME Lending. MNT Halan operates in a competitive market with competitors including MoneyGram, Halan, telda, Kashat and CarePay, among others.
- Headquarter Giza, Egypt
- Stage Unicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$667.5 M (USD)
in 5 rounds
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Latest Funding Round
$157.5 M (USD), Series B
Jul 21, 2024
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Investors
International Finance Corporation
& 17 more
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Employee Count
Employee Count
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Investments & Acquisitions
Advans Pakistan
& 2 more
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Products & Services of MNT Halan
MNT Halan offers a comprehensive portfolio of products and services, including Microfinance Loans, Buy Now Pay Later, Digital Payments, and SME Lending. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans up to 200,000 EGP for individuals and businesses.
Installment credit for shopping from vendors.
Mobile wallets for transfers and bill payments.
Loans from 200,000 to 5,000,000 EGP for small businesses.
Funding Insights of MNT Halan
MNT Halan has successfully raised a total of $667.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $157.5 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $157.5M
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First Round
First Round
(01 Aug 2021)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - MNT Halan | Valuation | IFC | |
| Dec, 2023 | Amount | Series B - MNT Halan | Valuation | CI Capital |
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| Feb, 2023 | Amount | Series B - MNT Halan | Valuation | Chimera |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MNT Halan
MNT Halan has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, Lunate and Wamda. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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A premier African investment firm focused on high-growth businesses.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MNT Halan
MNT Halan has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Advans Pakistan, Talabeyah and Tam Finans. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Processed grocery products are distributed electronically by Talabeyah.
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2020 | ||||
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Microfinance services are provided to underserved communities in Pakistan.
|
2013 | ||||
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Agricultural financing solutions are provided to support farming operations.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MNT Halan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mnt Halan Comparisons
Competitors of MNT Halan
MNT Halan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Halan, telda, Kashat and CarePay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
App-based platform for ride-hailing and on-demand delivery services
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| domain | founded_year | HQ Location |
Consumer payments are enabled via an app-based digital wallet.
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| domain | founded_year | HQ Location |
Business loans are provided through an Android app platform.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mnt Halan
Frequently Asked Questions about MNT Halan
When was MNT Halan founded?
MNT Halan was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is MNT Halan located?
MNT Halan is headquartered in Giza, Egypt.
Is MNT Halan a funded company?
MNT Halan is a funded company, having raised a total of $667.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $260M, raised on Aug 01, 2021.
What does MNT Halan do?
Founded in 2017 and based in Giza, Egypt, MNT Halan operates in the fintech sector. An online platform is utilized to digitize banking and cash transactions. Services encompass consumer and business loans, digital payments for individuals and enterprises, logistics, e-commerce capabilities, mobile wallets, and payment cards. Operations focus on facilitating financial access in the region.
Who are the top competitors of MNT Halan?
What products or services does MNT Halan offer?
MNT Halan offers Microfinance Loans, Buy Now Pay Later, Digital Payments, and SME Lending.
How many acquisitions has MNT Halan made?
MNT Halan has made 3 acquisitions, including Advans Pakistan, Talabeyah, and Tam Finans.
Who are MNT Halan's investors?
MNT Halan has 18 investors. Key investors include International Finance Corporation, Lunate, Wamda, CI Capital, and GB.
What is MNT Halan's valuation?
The valuation of MNT Halan is $1B as of Feb 2023.
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