logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. MNT-Halan expands footprint in UAE

MNT-Halan expands footprint in UAE

NOHA.GAD
Dec 11, 2024
Egypt's MNT-Halan launched Halan Advance offering in the UAE as part of its regional expansion plan

Dubai - Sharikat Mubasher: The leading Egyptian fintech company MNT-Halan expanded its footprint in the UAE by launching Halan Advance, a fast, secure, and user-friendly salary financing solution, with additional services from its ecosystem set to follow.

In a statement, MNT-Halan announced that it will deliver innovative and accessible financial solutions to underserved communities and businesses through this expansion.

This move reflects the company’s commitment to reshaping the financial landscape by introducing a full suite of solutions designed to enhance financial inclusion, improve cash flow management, and drive economic empowerment.

Halan Advance offers companies a credible financial tool for their workforce while providing employees with fast, secure, and compliant access to salary advances through a fully digital platform.

MNT-Halan’s expansion plans also include reaching 250,000 customers by the end of 2025.

Commenting on this milestone, Chairman and CEO Mounir Nakhla said: "The GCC is a powerful hub for financial innovation, and launching in the UAE marks a significant step in our regional expansion. With a GDP exceeding $500 billion and a diverse, fast-growing population, the UAE is a pivotal market to advance financial inclusion and transform lives."

Halan GCC Managing Director Omar Ramadan stated: "Since we launched Halan Advance, we’ve been thrilled with the fast uptake and the positive feedback from businesses and employees alike. This is just the beginning of what we plan to deliver in the UAE.”

Last July, MNT-Halan revealed its plans to expand in Africa and the GCC region, especially in Saudi Arabia and the UAE.

Founded in 2018, MNT-Halan is the first fintech unicorn in Egypt and MENA that targets revolutionizing access to financial services through technology. It provides business and consumer loans, pre-paid cards, e-wallets, investments, and e-commerce services through the Halan application and nationwide physical presence.

Tags

Fintech
Expansion
Financial inclusion
Share

Attract clients with your ad

Start Now

Trending

Merak Capital fuels Arsann’s growth with SAR 100 mn investment
MUBASHER.SA
Endeavor Saudi Arabia launches “Riyadh Forward” to accelerate global entrepreneurship
MUBASHER.SA
Hub71 launches new Life Sciences ecosystem to accelerate health innovation
MUBASHER
SVC reshapes $3bn strategy to boost private credit investments in Kingdom
MUBASHER.SA
Property Finder lands $250mn in growth financing from Ares Management
MUBASHER

Related News

Investor News
Calendar Icon
Oct 22, 2025
Merak Capital fuels Arsann’s growth with SAR 100 mn investment
Read More
Investor News
Calendar Icon
Oct 22, 2025
SVC reshapes $3bn strategy to boost private credit investments in Kingdom
Read More
Investor News
Calendar Icon
Oct 15, 2025
AI startup Together mulls working on data centers in Saudi Arabia
Read More
Investor News
Calendar Icon
Oct 15, 2025
ITHCA backs Movandi with $20mn to boost Oman’s semiconductor industry
Read More
Investor News
Calendar Icon
Oct 14, 2025
Investcorp, CIC close Golden Horizon Fund to boost GCC-China investments
Read More
Investor News
Calendar Icon
Oct 13, 2025
UK developer Select Property expands into Saudi Arabia
Read More
Investor News
Calendar Icon
Oct 12, 2025
SIG, Yellow Door Energy inaugurate 2 MW solar power plant in Riyadh
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher