Egyptian fintech company MNT-Halan has raised more than $82 million through three bond sales, providing additional funding for its lending business as the company prepares for a planned stock market listing expected in October 2026, according to a report by African fintech publication BitcoinKE. The fundraising gives the company a fresh infusion of debt capital even as it lines up a second, equity-based route to funding through the public markets.

The funds were raised through two of MNT-Halan's subsidiaries, Halan Consumer Finance and Tasheel Finance. Tasheel Finance, the group's microfinance arm, raised $24.6 million and $46.8 million through two separate bond sales, while Halan Consumer Finance raised a further $10.8 million. Together, the three sales account for the more than $82 million raised.

The bond sales allow MNT-Halan to borrow money from investors and repay those funds over time with interest. Such arrangements provide the company with capital that can be deployed into new loans for customers, supporting the continued growth of its core lending operations. Debt funding of this kind is a common tool for non-bank lenders, whose ability to keep issuing new loans depends on a steady supply of capital as earlier loans are repaid.

Founded in 2018, MNT-Halan has grown into one of Egypt's largest fintech companies and is, according to estimates, the country's biggest non-bank microfinance lender. Microfinance lenders extend small loans to borrowers who are typically underserved by traditional banks, making the sector a key channel for credit in markets like Egypt. The company holds approximately 24.3% of Egypt's non-bank microfinance market by outstanding loan value.

The figures underline the scale of MNT-Halan's lending business, which has been its fastest-growing segment with nearly 2 million customers. The company's outstanding loans are worth nearly $1 billion, and it says it has extended more than $6 billion in credit since its founding.

The company's unicorn status dates to an earlier funding milestone. BitcoinKE previously reported that MNT-Halan became Africa's ninth unicorn — a term for startups valued at more than $1 billion — after $400 million in funding. In a subsequent round, the company raised a further $157 million after achieving more than 20x customer growth.

The latest fundraising comes as MNT-Halan prepares to list 20% of its shares on the Egyptian Exchange, the country's principal stock market. The company, which holds the distinction of being Egypt's first unicorn, said in June 2026 that it had reached a valuation of $1.4 billion. It plans to offer 320 million shares in the listing, a move that would shift the company from private to public ownership.

Ahead of the expected October 2026 window, the milestone to watch is the completion of the planned share offering. If completed as planned, the listing would give MNT-Halan another source of capital as it continues to expand its lending operations. According to the report, it could also help attract more foreign investment into Egypt's stock market.