MNT-Halan, a fintech platform in Egypt, has introduced a secured lending solution offered by a non-banking financial institution in Egypt.
The service allows customers to access up to 80% of their investments in funds instantly through a fully digital process on the Halan App.
The initiative represents a notable development in Egypt’s non-banking financial sector, providing customers with liquidity without affecting the growth of their investments.
Through an end-to-end digital experience, from onboarding and investing to activating a credit limit, customers can obtain an instant credit limit of up to EGP 500,000 on their Halan Card while continuing to earn returns on their investments.
The credit limit is offered at interest rates lower than those typically charged by conventional credit facilities.
Customers approved via the Halan App or at any Halan booth can also benefit from zero interest and no fees on Halan Card transactions for up to 45 days.
Commenting on the launch, Mounir Nakhla, Founder and CEO of MNT-Halan, said:
“Many want to invest but hesitate because they’re unsure they can access their money when they need it. This launch removes that barrier, giving customers the ability to grow their investments and unlock instant credit digitally, when life demands it. It’s a simple solution that reflects how we build: around real lives, real needs, and real impact.”
The secured lending feature forms part of MNT-Halan’s broader investment offering.
Through the Halan App and a nationwide network of outlets, customers can invest in regulated financial products, including gold funds, equity opportunity funds, Sharia-compliant investment options, and Halan Savings, a flexible daily return product.
Featured image credit: Edited by Fintech News Middle East, based on image by freepik
