Al Ahly Capital Leads Strategic Investment in MNT-Halan to Accelerate Growth and Regional Expansion

إيمان شعبانالإثنين 8 يونيو 2026

MNT-Halan, Egypt and MENA’s first fintech unicorn, has announced the successful first closing of a strategic investment round led by Al Ahly Capital, the investment arm of National Bank of Egypt (NBE). The transaction follows the completion of all required regulatory approvals and represents a major milestone for both the company and Egypt’s rapidly evolving fintech and non-bank financial services sector.
A second closing is expected as part of the ongoing investment round

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Valuation Reaches $1.4 Billion, Reinforcing Market Leadership

Following this transaction, MNT-Halan’s valuation has reached approximately USD 1.4 billion, further cementing its position as one of the region’s leading fintech platforms. The investment highlights strong investor confidence in the company’s long-term growth strategy and market leadership.
The proceeds from the transaction will primarily support the company’s expansion within Egypt, while also enabling its continued growth across regional markets

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Expanding Footprint Across Key International Markets

MNT-Halan has established itself as a major fintech player in both Egypt and Türkiye. The company also owns a specialized microfinance bank in Pakistan focused on supporting micro and small enterprises. Since 2024, it has been operating in the UAE, with plans to further expand across the Gulf region.
This growing international footprint reflects the company’s ambition to build a comprehensive, cross-border financial ecosystem

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Strengthening Collaboration Between Banking and Fintech

The investment underscores the increasing integration between traditional banking institutions and fintech-driven ecosystems. It also reflects rising institutional confidence in the critical role non-bank financial services play in advancing financial inclusion and supporting economic growth in Egypt.
For Al Ahly Capital, the transaction represents a core private equity investment aligned with its strategy of backing high-growth businesses that drive financial inclusion and economic development

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Regulatory Support Driving Fintech Growth

The fintech sector continues to benefit from strong regulatory backing, as authorities work to accelerate digital transformation and expand access to financial services. These efforts aim to deliver more efficient, secure, and inclusive financial solutions to a broader customer base

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Leadership Commentary Highlights Strategic Importance

Mounir Nakhla, Founder and Chairman of MNT-Halan, stated that the partnership marks a significant milestone, noting that this is the first time a commercial bank has become an equity partner in the company.
He emphasized that the collaboration will help redefine access to financial services for underserved communities, particularly in remote areas across Egypt.
Nakhla added that MNT-Halan has supported more than 4 million individuals and business owners, enabling them to grow their operations, access digital tools, and meet essential financial needs. The company has also played a key role in facilitating access to smartphones and financing a wide range of vehicles for commercial and personal use.
Karim Saada, CEO and Managing Director of Al Ahly Capital, highlighted the firm’s confidence in MNT-Halan’s strong growth potential, experienced management team, and ability to execute its ambitious vision. He noted that the company has built a diversified financial ecosystem serving millions of customers while addressing key financial inclusion gaps.
Saada further emphasized that non-bank financial services remain a core pillar of Al Ahly Capital’s investment strategy, given their importance in supporting underserved segments and driving sustainable economic growth in emerging markets

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Advisors to the Transaction

The transaction was supported by leading advisory firms. Matouk Bassiouny & Hennawy acted as legal advisor, while Al Ahly Pharos served as financial advisor to MNT-Halan. Van Campen Liem provided legal advisory services to Al Ahly Capital, with Baker Tilly acting as financial and tax