FinTech Magazine October 2023 | Page 30

MNT-Halan A burgeoning Egyptian fintech , MNT-Halan is the country ’ s leading finance ecosystem , and a fastgrowing lender to unbanked and underbanked populations . Founded in 2018 , MNT-Halan has grown a digital ecosystem encompassing lending options , buy now pay later finance and ecommerce . MNT-Halan backs its platform with Neuron , its proprietary technology , which sees it serve over 5m customers in Egypt alone . The fintech says it processes over US $ 100m in transactions on a monthly basis . In February 2023 , it secured US $ 400m in equity and debt funding to fuel its growth on the international stage .
Razorpay

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MNT-Halan A burgeoning Egyptian fintech , MNT-Halan is the country ’ s leading finance ecosystem , and a fastgrowing lender to unbanked and underbanked populations . Founded in 2018 , MNT-Halan has grown a digital ecosystem encompassing lending options , buy now pay later finance and ecommerce . MNT-Halan backs its platform with Neuron , its proprietary technology , which sees it serve over 5m customers in Egypt alone . The fintech says it processes over US $ 100m in transactions on a monthly basis . In February 2023 , it secured US $ 400m in equity and debt funding to fuel its growth on the international stage .

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Razorpay

With over 300m customers , Razorpay can count itself among the largest fintechs in India . Founded in 2014 by Harshil Mathur and Shashank Kumar , the company ’ s aim is to leverage developer-friendly APIs to enable frictionless transactions and overhaul money management for online businesses . Razorpay boasts a workforce of roughly 800 employees and is backed by the likes of Sequoia , Ribbit Capital , Tiger Global and Y Combinator , as it continues to offer fast and secure ways for merchants , ecommerce companies and public institutions to accept and disburse payments online – with services ranging from payments and banking to credit and payroll .