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.
10/09/2021 at 06h11, by Africa Business+
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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