Battery Road Digital helped shape the early development of Egyptian fintech company MNT-Halan. The profile credits the firm’s David Halpert with proposing the super-app concept to founder Mounir Nakhla, and notes Battery Road Digital’s earlier investments in Pathao, Rapido, and Gojek, its seed backing of Halan, and its co-lead role in Halan’s Series A.
Egyptian super app MNT-Halan raises US$120 million from a group of investors. The fundraise includes Apis Partners, Development Partners International, Lorax Capital Partners, Middle East Venture Partners, Endeavor Catalyst, and DisruptTech; it marks Apis Partners’ first investment in Egypt. Existing backers include Battery Road Digital, GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, and Egypt Ventures.
Egyptian financial and logistics super app MNT-Halan secures US$120 million from Apis Partners, Development Partners International, Lorax Capital Partners, Middle East Venture Partners, Endeavor Catalyst, and DisruptTech. Battery Road Digital is among the company’s existing backers, alongside GB Capital, DPI, Algebra Ventures, Wamda, Nowaisi Capital, Unidelta, and Egypt Ventures.
Development Partners International announces an investment in Egyptian consumer finance and microfinance group MNT Investments, which includes Mashroey and Tasaheel. Its consumer fintech arm, MNT-Halan, raises roughly $120 million from global investors, with Battery Road Digital among the venture-capital backers alongside Nowaisi Capital, Shaka Capital, Oscar Salazar, and Unidelta.
