MNT-Halan targets debt program worth over $570 million

MNT-Halan, the fast-growing digital financial services platform founded by Egyptian entrepreneur Mounir Nakhla, is preparing a debt financing program worth up to EGP30 billion ($572 million) in 2026 as it accelerates expansion across key regional markets.

The company plans to raise funds through a mix of securitization issuances and bond offerings, a strategy designed to diversify funding sources and strengthen its non-banking financial services platform.

MNT-Halan operates across Egypt, Turkey, Pakistan and the United Arab Emirates, positioning itself as one of the region’s fastest-growing digital financial ecosystems.

Financing expansion across four markets
Nakhla said the company is navigating a complex geopolitical environment while continuing to expand across Egypt, Turkey, Pakistan and the United Arab Emirates. Despite regional uncertainties, he noted that each of the group’s operating entities is currently in its strongest position since inception, supported by solid operational and financial performance.

The financing strategy also coincides with preparations for the second issuance of the Halan AZ Real Estate Fund, expected in the second quarter of 2026, with a target capital of at least EGP250 million. The fund allows individuals to invest partially in administrative real estate assets, broadening access to property investments through regulated financial instruments.

Rapid growth in digital financial services
Egypt remains a core growth engine for the group. According to Nakhla, the company issues between 70,000 and 120,000 financial cards each month, with activated cards exceeding 1.2 million. The monthly distribution volume is approaching that of the entire Egyptian banking sector, falling short by only about 10 to 20%.

The company has also developed an integrated financial ecosystem through a single application, enabling customers to access financing, card services, bill payments and investment funds. More than 100,000 users now invest through the platform, with an additional 10,000 to 15,000 investors joining every month.

Strengthening its fintech ecosystem
As part of its broader expansion strategy, the company is seeking a mortgage finance license that would enable it to offer integrated property financing solutions to customers purchasing real estate units.

MNT-Halan is also investing in artificial intelligence to enhance operational efficiency and improve service delivery, reinforcing its ambition to become one of the region’s leading digital financial ecosystems as demand for fintech services accelerates across emerging markets.