Egyptian Fintech Unicorn Mnt-Halan Secures $76.5m Securitisation Deals

Egyptian fintech unicorn MNT-Halan has successfully completed three securitisation issuances with a combined value exceeding EGP4 billion, or US$76.5 million. These transactions were executed for its two subsidiaries, Halan Consumer Finance and Tasaheel for Finance. The deals mark a significant step in securing diversified funding for the company’s continued expansion.

Securitisation involves pooling various types of contractual debts, such as consumer loans and micro business loans, and then…