We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to MNT-Halan, a leading force in Egypt's FinTech sector and the country’s first unicorn in connection with its 100% acquisition of the market-leading finance company in Turkey, Tam Finans with a loan book exceeding US USD 300 million from, Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development.

MNT-Halan’s recent acquisition marks a significant milestone following its expansion into Pakistan, underscoring the scalability and versatility of its business model. Additionally, the company recently secured USD 157.5 million in its most recent funding round.

This robust investment highlights continued confidence in MNT-Halan’s ability to grow and enhance access to financial services internationally.

The MBH team advising on the transaction was led by Tamer El Hennawy (Partner and Co-Head of Capital Markets and Corporate and M&A), Hazem El Guindi (Partner) and included Shaimaa El Fahmy (Senior Associate).

Muhammed Nassef (Partner) and Omar Adel (Counsel) were also involved, advising on MNT disclosures.

For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.