MNT-Halan Valued at $1.4B After Al Ahly Capital Investment

Egyptian fintech unicorn MNT-Halan completed the first closing of an investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt. The company's valuation now stands at $1.4 billion, with proceeds earmarked for expansion in Egypt and the Gulf region.

• MNT-Halan's valuation reached $1.4 billion after the first closing
• The round was led by Al Ahly Capital, the National Bank of Egypt's investment arm
• The company serves over 4 million customers and operates in Türkiye, the UAE and Pakistan
• Proceeds will fund expansion in Egypt and the Gulf region