Why DPI is putting cash back into Egyptian fintech MNT Halan

Why DPI is putting cash back into Egyptian fintech MNT Halan

As one of the key players in MNT Halan’s $120 million fundraising, UK-based fund manager DPI is riding the explosive growth of the financial services startup.

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            ▪ Why DPI is putting cash back into Egyptian fintech MNT Halan

▪ As one of the key players in MNT Halan’s $120 million fundraising, UK-based fund manager DPI is riding the explosive growth of the financial services startup.

https://www.africabusinessplus.com/en/808994/why-dpi-is-putting-cash-back-into-egyptian-fintech-mnt-halan/

In what is one of the largest fundraising to date in the sector in Egypt, a pool of investors has just injected $120 million into the Cairo-based fintech MNT Halan. Alongside newcomers Apis (Growth Fund II) and Lorax Capital Partners, the British fund manager DPI, already a major (but minority) shareholder in MNT Halan, has decided to add to the pool.

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