MNT Halan’s Cairo Listing Flies In Face Of African Fintech IPO Exodus
Free Reads MNT Halan’s Cairo Listing Flies In Face Of African Fintech IPO Exodus By Staff Reporter | September 9, 2026 On Tuesday, MNT Tech Holding for Financial Investments, an arm of Egyptian fintech unicorn MNT-Halan, submitted a formal application to list 1.6 billion shares on the Egyptian Exchange’s main market. The filing caps months of speculation about the company’s public market ambitions and sets up a potential IPO that could value its domestic operations at between USD 900 M and USD 1 B. The move comes as Africa’s largest fintech players race toward public listings in a remarkable synchronised wave. OPay has hired Citigroup, Deutsche Bank and JPMorgan for a US IPO targeting a USD 4 B valuation, while weighing a secondary listing in its primary market, Nigeria. PalmPay is preparing a Hong Kong listing. Airtel Money has chosen London, where it could be valued at roughly USD 10 B. All three are Nigerian-linked businesses, and all three are listing abroad. MNT-Halan is the only one heading to a local…
9 Sep 14:08 · WeeTracker