MNTHalan Plans 20 Percent IPO in Egypt
Egyptian fintech company MNTHalan plans to list twenty percent of its shares on the local stock exchange this month. The initial public offering follows strong growth and expanding international operations.
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MNT-Halan plans to list a 20% stake on the stock exchange in Egypt, targeting an initial public offering this month. The offering values the lending and payments unicorn among the largest market floats in years. Founded in 2018, the company reached a $1.4B valuation in June after closing a $70M funding round.
