Diligence memo · auto-generated · as of July 2, 2026

MNT-Halan

MNT-Halan looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

MNT-Halan operates in Fintech, based in Africa. Egyptian fintech startup MNT-Halan has secured a US$120 million investment by major global and regional growth investors to further develop its product and expand internationally.

Sub-sector tags: fintech.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

MNT-Halan has raised $120M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $120M on 2021-09-08.

Most recent recorded round closed around 2021-09-08.

Valuation (modeled)modeled

Provath models MNT-Halan at approximately $3.1B (range $899M–$5.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.30× the median modeled value of Growth/Late Fintech companies in 2019–2021 (5 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 4.8 yr ago; this sector typically re-raises about every 12 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 98% of Fintech peers (1063 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Bill.com Holdings, Inc., Rappi, Inc., FTX Trading Ltd., Adumo.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.