Egypt-based fintech and e-commerce ecosystem MNT-Halan has raised $400 million in equity and debt financing from local and global investors, with a valuation of $1 billion. The funding round consists of equity financing and 2 securitized bond issuances. Founded in 2018, the platform’s digital ecosystem provides consumers, merchants, and micro-enterprises with business loans, consumer finance, and payments. It also offers them buy now, pay later and e-commerce services.
Source : Zawya
