MNT-Halan’s SME Lending Market Share & Number of Borrowers (2018 vs 2022)

Founded in 2017 by Mounir Nakhla and Ahmed Mohsen, MNT-Halan made its debut as a ride-hailing platform centered in Zamalek, Giza. The founders got their start to build the ride-hailing platform, following a US $2.5 million Seed round raised between November 2017 and March 2018.

Subsequent rounds followed, starting with Halan’s Series A, which closed at $4.4 million at the back end of 2018. An additional $15 million Series B funding round was disclosed in 2020.