THE MIDDLE EAST’S
3. MNT-Halan
Description: Lending, BNPL and payments platform
Headquarters: Egypt
Date of Establishment: 2018
Founders: Mounir Nakhla, Ahmed Mohsen
MNT-Halan provides business and consumer loans, pre-paid cards, e-wallets, investments, and e-commerce services through the Halan app. It has a presence in Egypt, Pakistan, Türkiye, and the UAE. Since inception, MNT-Halan has disbursed over $16.8 billion in loans globally, including $6.1 billion in Egypt. Its app reached 10 million downloads and serves over 2.3 million active customers quarterly. In June 2026, it secured an investment round led by Al Ahly Capital Holding, the investment subsidiary of the National Bank of Egypt, at a valuation of $1.4 billion. MNT-Halan announced plans to sell a 20% stake on the Egyptian Exchange through an IPO in October 2026.