MNT

Our CEO and Co-Founder Mounir Nakhla is honoured to have been invited to Davos. Mounir will be attending as one of the unicorns in the WEF’s Innovator Community and will be appearing on an official panel called ‘Comparing Notes on Financial Inclusion’ on Thursday 18th January.

KPMG served as auditors. Matouk Bassiouny and served as legal advisors and Gb Automotive Ltd for Securitization acted as the securitization company of the bonds. /12

CIB and CI Capital served as financial advisors and general arrangers of the respective transactions, with CIB and Arab African International Bank served as underwriters and custodians. /11

MNT-Halan closes US$ 130 million securitization. As Egypt’s first unicorn and fastest growing fintech, we’ve now raised over US$ 400m in 2023, and target US$ 550 by the year’s end. /1 nasdaq.com/articles/egypt…

Watch Mounir Nakhla, Co-Founder and CEO of MNT-Halan, sit down with Basil M. In the first episode of Fintech Unplugged, produced by Nclude and Waya, Mounir talked about financial inclusion, profitability and growth, and MNT-Halan's regional expansion. youtube.com/watch?v=PItNFo…

@ShenLucinda at @Axios reports on @CBInsights data, showing that mega-rounds, those over $100 million, rose to 62% of the funding total in the first quarter, compared with 34% in the previous quarter. /2

@MNT_Halan secured the fourth largest fintech raise in the world in the first quarter. /1 axios.com/pro/fintech-de…

"It’s not very aggressive and is based on fundamentals. If we keep on delivering, our valuation will keep on growing and that’s what we’re after.” /3

Reacting to the downturn in fintech valuations in a recent interview with @TheAfricaReport, our CEO Mounir Nakhla said: “If you’re a loss-making company, the valuation is arbitrary. In our case, our valuation is a P/E multiple, a multiple of earnings... /2

@MNT_Halan was the only fintech minted in the first quarter this year. Responding to @CBinsights' latest State of Fintech report, @TechCrunch reports that this is the first time this has happened since 2016. /1 techcrunch.com/2023/04/18/the…

For the second year in a row, our impact and trajectory have resulted in @MNT_Halan being selected by @Forbes_MENA_ in their annual Top 30 Fintech Companies list. Egypt is the most represented country in the list, making up eight of the entries. forbesmiddleeast.com/lists/top-30-f…