MNT-Halan, the leading and fastest-growing fintech company in Egypt and the MENA region, has announced a strategic partnership with Visa, the global leader in digital payments, to launch new Visa-powered prepaid cards and accelerate the adoption of digital payment solutions in Egypt.
In 2025, MNT-Halan issued more than 1 million Halan cards, processing transactions exceeding EGP 40 billion across more than 10 million transactions, reflecting the strong demand and rapid adoption of the company’s digital financial services.
The partnership with Visa aims to significantly expand the issuance and distribution of Halan cards by leveraging Visa’s global infrastructure and value-added services, enabling broader access to digital payments and supporting MNT-Halan’s plans to scale its card offering across multiple markets.
The agreement was signed at MNT-Halan’s headquarters in Cairo by Mounir Nakhla, Founder and CEO of MNT-Halan, and Malak El Baba, Vice President and Egypt Country Manager at Visa, in the presence of senior executives from both companies.
Halan Card: Expanding Access to Instant Credit and Digital Financial Services
The Halan Visa Card functions as a prepaid card while also allowing customers to access instant credit limits using only their national ID. Customers are assessed through Halan’s AI-powered credit scoring model, enabling fast and seamless credit approval.
Integrated within the Halan super app, the card offers a wide range of financial services, including:
- Bill payments
- Installment plans
- Savings services
- E-commerce transactions
- Investment-backed secured lending
- Loyalty and rewards programs
- Cashback management
All services are accessible through a single digital platform, enhancing financial inclusion and convenience for millions of users.
MNT-Halan: Building the Future of Digital Payments
Commenting on the partnership, Mounir Nakhla, Founder and CEO of MNT-Halan, said:
“The Halan Card represents the future of digital payments. Partnering with Visa unlocks tremendous possibilities, allowing us to capitalize on their trusted global network and strong infrastructure to expand distribution across Egypt and pave the way for launching the card in new markets. This collaboration strengthens our ability to deliver seamless, secure, and accessible financial services to millions of customers.”
Visa Supports MNT-Halan’s Expansion Strategy
Malak El Baba, Vice President and Egypt Country Manager at Visa, highlighted the importance of the partnership, stating:
“MNT-Halan has established itself as a powerhouse in the regional fintech landscape, and we are excited to be their partner of choice for this next phase of growth. Through this collaboration, Visa will provide the robust infrastructure and value-added services needed to support MNT-Halan’s ambitious expansion plans. Together, we are delivering a superior payment experience that combines the speed of instant credit with the reliability and global acceptance of the Visa network.”
Supporting Egypt’s Transition to a Cashless Economy
This partnership reinforces MNT-Halan’s vision of building a scalable and inclusive financial ecosystem, while contributing to Egypt’s broader efforts to transition toward a cashless and digitally enabled economy.
sidiary has also received the Bronze Client Protection Certification from MFR Global Rating Agency under the Cerise + SPTF framework.
