Investment Summary

Apis Partners Invests In MNT-Halan

On September 8, 2021, growth capital firm Apis Partners invested in financial services company MNT-Halan

Investment Highlights
  • This is Apis Partners’ 7th transaction in the Financial Services sector.
  • This is Apis Partners’ 1st transaction in Egypt.

Investment Summary

Date 2021-09-08
Target MNT-Halan
Sector Financial Services
Investor(s) Apis Partners
Deal Type Growth Capital

Target

MNT-Halan

Cairo, Egypt
MNT-Halan is a fintech ecosystem that includes small and micro-business lending, payments, consumer finance, and e-commerce. MNT-Halan serves more than 4 million customers in Egypt, of which 3.1 million are financial clients and 1.8 million are borrowers. MNT-Halan was founded in 2018 and is based in Cairo, Egypt.

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Investor(S) 1

DESCRIPTION

Apis Partners is an investment group focused on investing in financial services companies operating in emerging markets. Specific areas of interest include payments, insurance, credit/savings, capital markets, and tech-enabled service providers. Apis looks to back companies benefiting from increased mobile adoption and access to financial products and services. Apis Partners was established in 2014 and is headquartered in London.


DEAL STATS #
Overall 23 of 30
Sector (Financial Services) 7 of 9
Type (Growth Capital) 13 of 17
Country (Egypt) 1 of 1
Year (2021) 3 of 5
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DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
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