Egyptian Fintech Unicorn MNT-Halan Expands to the UAE

Egyptian fintech unicorn MNT-Halan has officially entered the UAE market. The company has introduced Halan Advance, a fast, secure, and user-friendly salary financing solution tailored to meet the needs of the UAE’s workforce. MNT-Halan plans to roll out additional financial services from its ecosystem in the UAE, leveraging its expertise in underbanked markets to provide accessible financial solutions to underserved communities and businesses.

The UAE’s market potential is underscored by its 3.7 million underbanked expatriates, whose combined monthly income exceeds Dhs10 billion. This presents a substantial opportunity for financial inclusion initiatives.

Halan Advance offers a fully digital platform for salary advances, ensuring secure and compliant access to funds for employees while equipping businesses with reliable financial tools. Since its launch in April 2024, Halan UAE has partnered with leading employers and onboarded over 40,000 customers, with an ambitious goal to reach 250,000 users by the end of 2025.