MNT-Halan, Egypt’s first fintech unicorn, based by entrepreneur Mounir Nakhla, plans to develop its financing portfolio by about 40 % subsequent 12 months, because it targets between $4.5 billion and $5 billion by the tip of 2026, up from $3.5 billion projected for 2025.
The enlargement focuses on tech-driven shopper and enterprise lending, reflecting rising credit score demand as Egypt enters a financial easing cycle.
Scaling monetary entry
Since its pivot from ride-hailing to a full-scale fintech, the Egyptian fintech firm gives a mixture of shopper and SME loans, e-wallets, pay as you go playing cards, financial savings, investments, and e-commerce financing by means of its Halan app and bodily retailers nationwide.
Following the EGP15 billion ($315.32 million) issued in 2025, the upcoming portfolio development is supported by new debt devices, together with sukuk, inexperienced bonds, and securitized bonds value EGP 40–50 billion ($840.9 million to $1.1 billion).
Nakhla, the CEO of MNT-Halan harassed that the lately launched actual property fund, which began with an preliminary capital of EGP 250 million ($5.26 million) for the primary issuance, is now concentrating on EGP 2 billion ($42.06 million) in whole, securing business properties throughout Egypt for future financing.
Driving regional and long-term ambitions
Nakhla additionally envisions itemizing MNT‑Halan on a regional inventory alternate inside 12–18 months and reaching decacorn standing (valuation above $10 billion) in 5 to seven years.
The expansion technique leverages MNT‑Halan’s proprietary AI and core banking programs for data-driven credit score, enhancing monetary inclusion for beforehand underserved populations.
Increasing throughout rising markets
MNT-Halan based in 2018, has developed into a number one MENA fintech powerhouse with greater than 7 million clients, changing into the primary fintech unicorn firstly of 2023, after securing a $400 million funding, which pushed its valuation beyond $1 billion.
Since then, MNT-Halan has expanded into Pakistan and Turkey. In December 2024, it additionally made its debut within the United Arab Emirates.
As a serious power available in the market, it additionally acquired Turkish lender Tam Finans, including a $300 million mortgage portfolio. MNT-Halan, underneath Nakhla’s management, has turn into a pacesetter in regional digital finance by fusing expertise, market information, and artistic capital deployment.
