Home web3.0 Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over $1 Billion After $400 Million in Funding

Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over $1 Billion After $400 Million in Funding

Jul 25, 2024 pm 02:27 PM
Egyptian Fintech Unicorn MNT-Halan Funding Customer Growth

Egyptian fintech, MNT-Halan, has secured a new funding round of $157.4 million to further fuel its expansion plans.

Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over  src=

Egyptian fintech MNT-Halan has secured $157.4 million in a new funding round to propel its expansion plans further.

This latest capital injection reportedly included contributions of $40 million from the International Finance Corporation (IFC), with the remaining funds being supplied by:

ܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞ

The above is the detailed content of Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over $1 Billion After $400 Million in Funding. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1664
14
PHP Tutorial
1267
29
C# Tutorial
1239
24
Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over $1 Billion After $400 Million in Funding Egyptian Fintech, MNT-Halan, Now Africa's 9th Unicorn Valued at Over $1 Billion After $400 Million in Funding Jul 25, 2024 pm 02:27 PM

Egyptian fintech, MNT-Halan, has secured a new funding round of $157.4 million to further fuel its expansion plans.

Hemi Labs Raises $15M to Build a 'Supernetwork' Integrating Bitcoin and Ethereum Hemi Labs Raises $15M to Build a 'Supernetwork' Integrating Bitcoin and Ethereum Sep 19, 2024 am 03:49 AM

The start-up co-founded by former Bitcoin core developer Jeff Garzick aims to create a new “supernetwork” that integrates the capabilities of both Bitcoin and Ethereum.

BSX Raises $6.2M From Blockchain Capital and Others to Expand Its DeFi Protocol Beyond Derivatives Trading BSX Raises $6.2M From Blockchain Capital and Others to Expand Its DeFi Protocol Beyond Derivatives Trading Aug 22, 2024 am 06:07 AM

Base-based decentralised finance protocol BSX has raised $6.2 million across two rounds according to a report by The Block.

Solv Protocol Raises $11M at a $200M Valuation to Drive Bitcoin Staking Through Its SAL Framework Solv Protocol Raises $11M at a $200M Valuation to Drive Bitcoin Staking Through Its SAL Framework Oct 16, 2024 am 03:04 AM

The platform unlocks BTC liquidity across blockchains for seamless yields.

SxT Labs Announces $20M Series A Funding to Accelerate Engineering and Product Development of Its Verifiable Computing Layer Combining AI and Blockchain Technology SxT Labs Announces $20M Series A Funding to Accelerate Engineering and Product Development of Its Verifiable Computing Layer Combining AI and Blockchain Technology Aug 28, 2024 am 06:37 AM

Space and Time (SxT) Labs has announced a $20-million Series A funding raise led by Framework Ventures. The company is working on a verifiable computing layer combining artificial intelligence and blockchain technology.

Vitalik Buterin Registers dacc.eth Domain, Signaling Potential Funding Effort for d/acc-Aligned Projects Vitalik Buterin Registers dacc.eth Domain, Signaling Potential Funding Effort for d/acc-Aligned Projects Aug 20, 2024 am 06:22 AM

Amid significant computing advancements in recent years, technology has become increasingly intertwined with human life, impacting things like work

Core Commit Program Offers Developers Rewards, Mentorship, and Funding Opportunities Core Commit Program Offers Developers Rewards, Mentorship, and Funding Opportunities Oct 23, 2024 am 09:20 AM

The program operates as a Call for Innovation, offering developers an opportunity to engage with the Core ecosystem. Each month, participants can earn rewards based on their code commits and progress in developing their dApps.

South African e-commerce logistics company Pargo raises US$4 million to expand into Egypt South African e-commerce logistics company Pargo raises US$4 million to expand into Egypt Oct 24, 2024 pm 07:32 PM

The company has launched with over 500 tech-enabled “Pargo Points” in the country