Fintech Insider Podcast by 11:FS cover image

705. News: Monzo has their U2 moment and Africa's newest fintech unicorn crowned

Fintech Insider Podcast by 11:FS

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Egypt Fintech MNT Helen Is Africa's Newest Unicorn

Egyptian fintech and e-commerce ecosystem MNT Helen has raised up to $400 million in equity and debt financing. The raise comes from both local and global investors as it continues to serve underbanked and unbanked customers in Egypt. Krista, last question then very quickly to you. Do you think we'll see more fintechs following Monzo's approach? Or do you think Monzo's made a mistake here and that other firms won't follow this?

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