MNT-Halan Targets Up to $350 Million in Monthly Financing in 2026, Plans $5 Billion Annual Issuances
Expansion plans by MNT‑Halan are gaining momentum as the fintech group targets a significant increase in financing volumes and broader expansion of its digital financial services across regional markets.
Mounir Nakhla, founder and chief executive officer of the company, revealed that the group aims to issue between $250 million and $350 million in financing on a monthly basis throughout 2026 as part of its strategy to scale non-bank financial services and strengthen its presence in the financial technology sector.
$5 Billion Financing Target in 2026
Speaking to reporters, Nakhla said the company expects total financing issuances to reach approximately $5 billion in 2026, representing an estimated growth rate of about 40 percent compared with the previous year.
The projected expansion is driven by a growing customer base and rising demand for digital lending products, in addition to the development of integrated financial services aimed at individuals and small and medium-sized enterprises.
Negotiations to Acquire Administrative Buildings
As part of its broader investment strategy, Nakhla disclosed that the company is currently in advanced negotiations with several real estate developers to acquire new administrative buildings and include them in the MNT-Halan – Azimut real estate fund.
The move is part of the company’s effort to diversify its investment tools and strengthen a portfolio of income-generating assets that support its financing and investment activities.
Plans to Obtain Mortgage Finance License
The company is also preparing to apply for a mortgage finance license in the Egyptian market, which would enable it to introduce a new financing activity within its financial services ecosystem.
According to Nakhla, the planned step aims to enhance integration between the company’s different financing products while expanding the range of services available to customers, particularly amid growing demand for housing finance solutions.
IPO Planned Within 18 Months
Regarding capital market plans, Nakhla confirmed that MNT-Halan remains committed to its strategy of listing shares on a regional stock exchange within the next 18 months.
He noted that recent geopolitical developments in the region have not prompted the company to alter its investment or listing plans, adding that the group’s operations continue to run normally across its operating markets.
Stable Operations Across Four Key Markets
Nakhla said the company’s activities have not been affected by current geopolitical tensions in its four core markets: Egypt, Turkey, Pakistan, and United Arab Emirates.
The company continues to pursue its expansion strategy across these markets, benefiting from increasing demand for digital financial services.
Major Expansion Planned in Pakistan
As part of its geographic expansion strategy, Nakhla revealed plans to open 100 new branches in Pakistan during 2026, further strengthening the company’s presence in one of its largest international markets.
The expansion comes amid rapid growth in fintech adoption across emerging markets and increasing reliance on digital financial solutions.
Over 1.2 Million Halan Cards Issued in Egypt
On the digital services front, Nakhla announced that the company has issued more than 1.2 million Halan financial service cards in the Egyptian market so far.
He noted that the company currently issues between 70,000 and 120,000 cards every month, with strong active usage among customers, reflecting growing demand for the digital financial solutions offered by the platform.
Business Model Focused on Financial Inclusion
Nakhla said the company’s expansion reflects the success of its business model, which focuses on offering an integrated ecosystem of financial services that supports individuals and small businesses while promoting financial inclusion in the Egyptian market.
The Halan card, he explained, represents a key pillar within the company’s ecosystem, allowing users to access a wide range of financial services through a single mobile application.
These services include obtaining financing, paying bills, conducting digital payments, and accessing investment options, positioning the application as an integrated financial platform designed to simplify daily financial management for users.
Fintech Driving Regional Growth
The growth strategy of MNT-Halan reflects the broader rapid expansion of the fintech sector across the region, as digital platforms increasingly reshape the delivery of financial services.
With continued expansion in both products and markets, MNT-Halan aims to strengthen its position as one of the leading fintech companies in emerging markets by combining digital lending with a comprehensive suite of financial services.