Al Ahli Pharos Investment Banking, one of Egypt’s leading investment banks, announces its role as the exclusive financial advisor to MNT-Halan, the region’s largest fintech ecosystem, in its latest successful capital raising round. This pivotal transaction raised the company’s total valuation to US$1.4 billion, further solidifying its position as a leading force in the digital financial services sector across the Middle East and North Africa.

This strategic investment by Al Ahli Capital Holding reflects a shared commitment to accelerating financial inclusion efforts and developing the digital infrastructure for lending and payments in the region. Al Ahli Pharos leveraged its specialized sector expertise and extensive network of relationships with investment institutions to execute this transaction efficiently, ensuring optimal outcomes for the company and its investors.

Ahmed Haidar, CEO of Al Ahli Pharos Investment and Underwriting, stated: “Our role as the exclusive financial advisor to MNT-Hala underscores Al Ahli Pharos’s ability to structure and execute transformative deals in the fintech sector. MNT-Hala plays a vital role as a key driver of economic empowerment. Reaching a valuation of $1.4 billion under current market conditions reflects investor confidence in the strength of the company’s business model and the vision of its management team. At Al Ahli Pharos, we remain committed to supporting leading regional companies seeking to expand and reshape industry standards.”

Mounir Nakhleh, founder and CEO of MNT-Hala, said: “We are delighted to partner with Al Ahli Pharos on this funding round. Their deep understanding of our business model and extensive experience in regional financial markets were instrumental in the success of this transaction. This milestone represents the culmination of MNT-Hala’s ongoing efforts to digitize financial services for the unbanked and underbanked. We are excited to embark on the next phase of growth in partnership with our investors.”

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