# MNT-Halan

> MNT-Halan is an Egyptian fintech that digitally banks the unbanked and underbanked across emerging markets. Founded by Mounir Nakhla, it combines microfinance, consumer and business lending, buy-now-pay-later, mobile wallets, payments and an FMCG/appliance e-commerce marketplace into a single app, all powered by its proprietary Neuron core-banking technology. It became Egypt's first fintech unicorn in 2023 and now operates across Egypt, Turkey, Pakistan and the UAE, having disbursed billions of dollars in loans to millions of customers.

- **Founded:** 2018
- **Headquarters:** Giza, Egypt
- **Founders:** Mounir Nakhla (Founder & CEO), Ahmed Mohsen (Co-founder & CTO)
- **Team size:** ~11,000 employees
- **Products:** Halan App / Super App, Microfinance & Business Loans, Buy Now Pay Later (BNPL), Digital Payments & E-wallet, Payroll Lending
- **Notable:** Became Egypt's first fintech unicorn in 2023 after a $400M round pushed its valuation above $1 billion, Reached a ~$1.4 billion valuation in 2026 with backing from Al Ahly Capital, Disbursed billions of dollars in loans since inception

## Products & services

- **Halan App / Super App** — A consumer app bundling mobile wallet, payments, peer-to-peer transfers, lending, BNPL and e-commerce for the mass market.
- **Microfinance & Business Loans** — Micro and small-business loans of up to roughly 200,000 EGP for merchants and entrepreneurs, plus instant digital loans as small as 2,000 EGP.
- **Buy Now Pay Later (BNPL)** — Installment financing for consumers across 4,000+ vendors, spanning home appliances and FMCG goods.
- **Digital Payments & E-wallet** — The Halan cash wallet for disbursement, collection, peer-to-peer transfers, bill payment and virtual card services.
- **Payroll Lending** — Salary advances of up to 80% of pay, offered to employees through their employers.
- **E-commerce Marketplace** — A BNPL marketplace for home appliances and fast-moving consumer goods serving both merchants and consumers.
- **Neuron** — MNT-Halan's proprietary, cloud-native core-banking and credit-scoring platform that powers all of its markets and is deployed into acquired businesses.

## Achievements

- Became Egypt's first fintech unicorn in 2023 after a $400M round pushed its valuation above $1 billion
- Reached a ~$1.4 billion valuation in 2026 with backing from Al Ahly Capital
- Disbursed billions of dollars in loans since inception
- Served more than 8 million customers across multiple markets
- Built proprietary Neuron core-banking and credit-scoring technology
- Expanded internationally by acquiring Advans Pakistan (bank) and Tam Finans (Turkey) and entering the UAE

## Latest updates

- **2026-06** — Reached a ~$1.4 billion valuation after a funding round led by Al Ahly Capital - the first commercial bank to take an equity stake in the company.
- **2026-06** — Reported to be weighing an IPO in Egypt, positioning it as one of the country's next major public listings.
- **2024-08** — Acquired Tam Finans, Turkey's largest non-bank micro-leasing company, to expand into Turkey.
- **2024-07** — Raised $157.5 million to fund growth and international expansion.
- **2024-03** — Completed acquisition of 100% of Advans Pakistan Microfinance Bank, adding a licensed bank, 19 branches and 62,000+ clients.

## Links

- Website: https://mnt-halan.com
- LinkedIn: https://www.linkedin.com/company/mnt-halan
- Twitter/X: https://twitter.com/mnt_halan

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Profile page: https://yespress.io/mnt-halan
Published by YesPress — https://yespress.io
Last updated: 2026-07-27