In collaboration with Baker Tilly Egypt and Baker Tilly UAE, Baker Tilly Netherlands supported Al Ahly Capital in its investment in MNT-Halan.

MNT-Halan, founded in 2018, is Egypt’s first fintech unicorn and the first in the MENA region. The company is transforming access to financial services through technology, offering solutions across lending, payments, e-wallets, investments, and e-commerce.

Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), manages USD 2.5 billion in assets and combines private equity activities with broader financial services.

Baker Tilly acted as financial and tax advisor to Al Ahly Capital and conducted the financial and tax due diligence. The team consisted of Jan Kreijkes (Partner Corporate Finance), Bob Harmsen (Manager Corporate Finance), Peije Es (Consultant Corporate Finance), Remco Pot (Consultant Corporate Finance), and Jan Hein Wagemans (Director Tax Advisory).