Others

Pre-Series A

Series A

Seed

PE Round

Pre-Seed

Africa

Cairo

Mohamed El Sayed Okasha

Yehia Abouelwafa

Malek Sultan

Sarah Shabayek

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Investment in Startup

Find Disruptech Ventures's funding history, portfolio highlights, and investment focus on Lucidity Insights today.

Disruptech Ventures

Disruptech Ventures specializes in financial technology start-up investments.

MNT-Halan

Fintech

Financial Services

Digital Banking

MNT-Halan, a fintech ecosystem in Egypt, was formed through the acquisition of Halan by MNT Investment in June 2021. It offers various financial services, including Buy Now Pay Later, microfinance, and payments solutions that aims to bank the unbanked. Users can disburse, collect, and transfer money digitally through mobile applications.

Series B

Halan

Logistics & Storage

Halan is a ride-hailing application that provides two and three-wheeler vehicle rides and on-demand logistics.

Brimore

E-Commerce

Social Commerce

Brimore is a social commerce platform connecting emerging brand owners with a network of resellers who market and sell their products using social media.

Khazna

Apps

A Financial Super App that offers easy to use, technology-driven  to Egypt’s underserved consumers and micro-businesses.

Lucky One

Payment

Credit

Lucky One is an app for credit products, offers and cashback rewards.

Connect Money

Finance

Connect Money provides a white-label card that allows companies to give debit and credit cards to their clients without the requirement for a regulatory license.

Pay Bokra

Pay Bokra is a fintech app for digital microcredit, designed for vehicle owners to provide the necessary funds for licensing fees and fines.

Sprints

Education

EdTech

Recruiting

Fatura

Fatura connects the supplier with the retailers through its mobile app, enabling them to order their inventory instantly.

i'SUPPLY

Healthcare

Pharmaceuticals

Supply Chain Management

Meet Africa's largest tech-enabled marketplace, connecting pharma businesses through an integrated and reliable pharmaceutical marketplace!

Nexta

Gahez Market

Mumerz

Social Network

Cassbana

AI/IoT

Mozare3

Agriculture

Nice Deer

WideBot

Machine Learning

Generative AI

Chatbot

Conversational AI Platform that build AI-enabled chatbots that communicate in formal and informal Middle Eastern languages.

Banknbox

Financing Platform

Fraud Monitoring

Banknbox offers a rich variety of banking & digital services, the strength of our conviction and our passion for innovation enables us to support our partners in their future projects, as well as in their goals regarding financial inclusion. 

Supporting Banks and Fintechs for their digital transformation by offering End-to-End services relying on an innovative one-stop-shop payment platform that is certified and seamlessly integrated with all international schemes (VISA, MasterCard, UnionPay, JCB, Dinners Club, and American Express) as well as Apple Pay, Samsung Pay, Google Pay, all ATM suppliers, and card plastic suppliers to provide full-fledged payment services.

Teradix

SaaS

MalBazaar

GS Egypt

More than 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved, despite mobile penetration exceeding 90%.

Traditional banks often overlook this segment because of their spending power or financial status, and fintechs have seized the opportunity to cater to their needs.

One such fintech is MNT-Halan, and today, the company, which describes itself as “Egypt’s leading fintech ecosystem,” is announcing that it has closed a $120 million investment.

The investors backing MNT-Halan include private equity firms Apis Growth Fund II, Development Partners International (DPI) and Lorax Capital Partners, as well as VCs like Middle East Venture Partners, Endeavor Catalyst and DisruptTech.

They join previous local investors like GB Capital, DPI, Algebra Ventures, Wamda, Egypt Ventures, Shaka VC, Nowaisi Capital, Unidelta and Battery Road Digital Holdings that have backed the company in the past. 

In 2017, Mounir Nakhla and Ahmed Mohsen started Halan as a ride-hailing and delivery app offering two and three-wheeler services to customers in Egypt. Since then, it has provided other features, including wallets, bill payment services, e-commerce with buy now, pay later (BNPL) and micro and consumer loans, all in a bid to become a super app.

Then in June of this year, Netherlands-based MNT Investments BV entered a share swap agreement with the Egyptian super app to accelerate the progress of its payments and lending arm, especially in BNPL across Egypt and the MENA region.

Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

Disruptech Ventures

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Disruptech Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 4 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments