Overview: Today, we’re going to talk about MNT-Halan, the Egyptian lending & financial services company. We’ll explore the MNT-Halan story across the following areas

African and Egyptian financial sector context
MNT-Halan’s early history
Product & monetization strategy
Competitive positioning & potential exit options
Outlook

This episode was recorded on Dec 11, 2024

Companies discussed: MNT-Halan, Mashroey, Tasaheel, Halan, Raseedy, Talabeyah, Advans Pakistan, Fawry, Swvl, Gojek, Paymob, & Tam Finans

Business concepts discussed: Asset-backed Financing, Microfinance Lending, Super App Strategy, Buy Now Pay Later (BNPL), Digital Wallets and Payment Solutions, B2B E-commerce, Corporate Venture Capital, Incubation, Financial Inclusion, Banking Infrastructure, Payroll Lending, Salary Advances, Agent Banking Networks, Revenue Models in Fintech, International Expansion

Conversation highlights:

(00:00) - Intro and why we're talking about MNT-Halan
(06:46) - Egypt country context
(16:17) - The opportunity for African neobanks
(26:15) - MNT Halan Founding and Early History
(57:55) - Growth and Geographical Expansion
(1:14:50) - Product Strategy and Monetization
(1:35:52) - Competition and options for exit
(1:47:20) - Bankole's overall thoughts and outlook
(1:54:22) - Olumide's overall thoughts and outlook
(2:06:32) - Recommendations and small wins

Olumide’s recommendations & small wins:

Bankole’s recommendations & small wins:

Recommendations: Article about research challenging the common belief that "buying experiences makes you happier than buying possessions" & YouTube 41-shot rally video from Commonwealth Games featuring Chagun Toriola (Nigerian table tennis player)
Small win: Finally set up my home office with a streamlined single-cable setup for multiple computers

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Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you. Contact us at info@afrobility.com

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