THE MIDDLE EAST’S

7. 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. Since its launch, MNT-Halan has disbursed over $11 billion in loans and served more than eight million customers globally. It processed $4.2 billion in transactions in 2024. Its app had been downloaded 11.7 million times, with two million active users as of December 2024. It expanded into three new markets—Türkiye, Pakistan, and the U.A.E.—in 2024. In July 2024, MNT-Halan raised $157.5 million, bringing its total funding to $550 million.