MNT-Halan, Egypt’s first BANKTECH unicorn, has reached a $1.4 billion valuation following the first closing of a new growth round led by Al Ahly Capital, the investment arm of the National Bank of Egypt, marking the first time a major Egyptian commercial bank has taken an equity stake in the company. The raise follows a $157.7 million round in July 2024 and positions MNT-Halan to target a financing portfolio of $4.5–5 billion by the end of 2026, up from $3.5 billion in 2025, across operations in Egypt, Türkiye, Pakistan (via Halan Microfinance Bank), and the UAE. Since launch, the company has provided more than $15.5 billion in financing to over 8 million customers through an integrated ecosystem of consumer and business lending, payments, e-wallets, savings, investments, and e-commerce.

MNT-Halan Valued at $1.4bn With NBE-Led Growth Round