MNT-Halan

Africa’s newest fintech unicorns are winning by keeping their feet on the ground

Fintech /

Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted unicorn pantheon. But those valuations don’t just reflect investor confidence. They signal the success they’ve had in taking disruptive fintech models originally developed […]

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

Fintech /

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

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