Egyptian fintech company MNT-Halan has raised US$157.5 million in funding to support its imminent geographical expansion. The MNT-Halan digital ecosystem includes small and micro business lending, payments, consumer finance, and e-commerce. The MNT-Halan digital ecosystem includes small and micro-business lending, consumer finance, pre-paid cards, e-wallets, savings, payments, and e-commerce. It is now set for international expansion after raising US$157.5 million in capital, with US$40 million of that coming from the International Finance Corporation (IFC). Other investors were Development Partners International, Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.
