Egyptian fintech MNT-Halan has raised more than $82 million through three bond sales providing additional funding for its lending business as the company prepares for a planned stock market listing.
The funds were raised through two subsidiaries,
Halan Consumer Finance and
Tasheel Finance.
Tasheel Finance, MNT-Halan’s microfinance arm, raised $24.6 million and $46.8 million through two separate bond sales, while Halan Consumer Finance raised a further $10.8 million.
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The bond sales allow MNT-Halan to borrow from investors and repay the funds over time with interest providing capital that can be deployed into new loans to customers.
Founded in 2018, MNT-Halan has grown into one of Egypt’s largest fintech companies and is the country’s biggest non-bank microfinance lender, according to estimates. The company has about 24.3% of Egypt’s non-bank microfinance market by outstanding loan value.
MNT-Halan’s outstanding loans are worth nearly $1 billion while the company says it has extended more than $6 billion in credit since its founding. Lending has been its fastest-growing business with nearly 2 million customers.
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The fundraising comes as MNT-Halan prepares to list 20% of its shares on the Egyptian Exchange. The company, Egypt’s first unicorn, said in June 2026 that it had reached a valuation of $1.4 billion and plans to offer 320 million shares.
The listing is expected in October 2026 and would give MNT-Halan another source of capital as it expands its lending operations while potentially attracting more foreign investment into Egypt’s stock market.
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