MNT-Halan Eyes EGX IPO at Up to $1 Billion Valuation

Egypt-based fintech unicorn MNT-Halan is preparing for a potential initial public offering (IPO) on the Egyptian Exchange (EGX) as early as this year, according to a Bloomberg report citing sources familiar with the matter.

The company is reportedly working with Citigroup and EFG Hermes to manage the planned offering, marking a significant milestone in the evolution of Egypt’s fintech ecosystem.

Sources indicated that the IPO could value MNT-Halan between $900 million and $1 billion, positioning the company among the region’s most prominent financial technology players.

Earlier this month, Al Ahly Pharos Investment Banking concluded its role as financial advisor to MNT-Halan in its latest fundraising round, which increased the company’s valuation to $1.4 billion.

Expanding beyond its core fintech services, MNT-Halan launched the Halan AZ Real Estate Fund in December 2025. Licensed and approved by Egypt’s Financial Regulatory Authority (FRA), the fund provides both individual and institutional investors with digital access to real estate investment opportunities.

The potential IPO comes as the company continues to broaden its financial services portfolio and strengthen its position within the rapidly growing digital finance sector across Egypt and the wider region.