Egyptian financial services provider MNT-Halan valued at $1B in $400M funding

Egyptian financial services provider MNT-Halan valued at $1B in $400M funding

a year ago
Anonymous $gM56WhLPcK

https://techcrunch.com/2023/01/31/egyptian-financial-services-provider-mnt-halan-gets-1b-valuation-after-securing-400m/

Egyptian fintech and e-commerce ecosystem MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked customers in the North African country.

The round includes $260 million in equity financing and $140 million through two securitized bond issuances secured within the past year, investments that will now see MNT-Halan command a post-money valuation of about $1 billion.