MNT-Halan prepares to offer 20% stake… Egypt’s first fintech unicorn heads to the stock exchange

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MNT-Halan, one of the region’s leading fintech companies and the first Egyptian company in the sector to surpass a valuation of $1 billion, is preparing to offer 20% of its shares on the Egyptian stock exchange in October, in an important test of investor appetite for fintech companies.

320 million shares in the offering

Reuters reported on October 1, 2026, that the offering includes 320 million ordinary shares through a public offering and a separate private placement to institutions, along with additional shares allocated to senior employees after the necessary approvals are obtained.

1.9 million active customers

According to data cited in the Reuters report, the company has provided total loans worth approximately 178 billion Egyptian pounds, while its outstanding loan portfolio stands at 46.7 billion pounds, with around 1.9 million active customers.

Regional expansion

MNT-Halan has expanded its presence beyond Egypt through deals in Pakistan and Turkey, while management believes that improving conditions in the Egyptian economy and capital market are enhancing the offering’s appeal to local and international investors.