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lending in Africa

Egyptian fintech startup MNT-Halan completes $150 million securitized bond issuance

Egyptian fintech startup MNT-Halan completes $150 million securitized bond issuance

MNT-Halan, an Egypt-based fintech super app startup has announced its completion of securitized bond issuance at $150 million of its loan book, as the first tranche of its $600 million deal with Egypt's Commercial International Bank (CIB). * The deal's proceeds will be invested in growing the startup's lending business lines
By Oluwajuwonlo Afolabi Jul 1, 2022

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