Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

3 months ago technology

Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and payments startup has raised $157.5 million in funding and is using the money in part to fund the acquisition of another fintech, Tam Finans, to expand into Turkey. Tam Finans provides financing to micro-enterprises and SMEs. It currently operates 39 […]

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Egypt’s MNT-Halan securing $157.5 million and acquiring a Turkish fintech marks a significant milestone in the fintech landscape of the MENA region. This strategic move not only highlights the rapid growth and potential of fintech in emerging markets bu

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Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

COMMENTS

Moses44

Kwadwo9090

Bright002

Afiakisiwaaoduro

Shoddy

PADI1234A

aroha

Bogambo123

Baroskibhard

Osborn608

Ning

nanayaw2125

Maestro1

Pounds12

david2024

Bismark26

Florencianaaokang

AyishaN

youngdesigner

Kingbalondy

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