4. MNT-Halan

Date of Establishment: 2018
Headquarters: Egypt
Description: Lending, BNPL and payments platform
Founders: Mounir Nakhla, Ahmed Mohsen

MNT-Halan offers digital banking services to unbanked customers, including small and micro business lending, payments, consumer finance, and e-commerce. It also obtained through its subsidiary an electronic wallet license from the Central Bank of Egypt to disburse, collect, and transfer money digitally through mobile applications. The company has 1.5 million monthly active users and serves more than six million customers in Egypt, of which four million are financial clients and over 2.5 million are borrowers. MNT-Halan processed transactions of $1.8 billion in 2022. In February 2023, the company announced that it had become a unicorn after raising over $200 million from Chimera Abu Dhabi.