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MNT-Halan, Egypt’s leading fintech player, has announced today the acquisition of Talabeyah, a B2B e-commerce platform that offers FMCG supplies directly to small merchants, and retailers. The terms of the transaction were not disclosed.
MNT-Halan provides digital solutions, including lending, buy now pay later, e-commerce, payments, and mobility and on-demand logistics, supporting its mission to empower underserved communities, address inequality and female economic participation. . MNT-Halan will enable Talabeyah to scale nationwide by providing access to hundreds of thousands of merchants and retailers, financing their customers’ purchases and backing the firm with engineers.