MNT-Halan Partners with Visa to Expand Prepaid Card Offering and Accelerate Digital Payments in Egypt

 MNT-Halan, the leading and fastest-growing fintech ecosystem in Egypt and the MENA region, has announced a landmark strategic partnership with Visa, a global leader in digital payments. This collaboration aims to introduce a new generation of Visa-powered cards, designed to enhance financial inclusion and streamline digital transactions for millions of users.

Record-Breaking Growth and Future Targets

The partnership follows a stellar performance by MNT-Halan in 2025. During that year, the company issued over 1 million Halan cards and processed more than EGP 40 billion across 10 million+ transactions. Building on this momentum, MNT-Halan and Visa have set an aggressive target to issue 2.5 million cards by the end of 2026.

By leveraging Visa’s world-class infrastructure and value-added services, MNT-Halan aims to scale its card proposition rapidly, making digital payments a seamless part of everyday life for its growing customer base.

Innovative Features: AI-Powered Credit and the Super-App

The new Halan Visa card functions as a versatile prepaid card while uniquely providing users with instant credit access. Key features include:

• AI Scoring: Credit limits are granted almost instantly using only a national ID, powered by Halan’s proprietary AI-driven scoring model.

• Seamless Integration: The card is fully integrated into the Halan Super-App, allowing users to manage bill payments, installment plans, and e-commerce purchases in one place.

• Financial Ecosystem: Cardholders can access savings, investment-backed secured lending, and comprehensive loyalty/cashback programs.

Leadership Perspectives on Digital Transformation

The agreement was signed at MNT-Halan’s Cairo headquarters by Mounir Nakhla, Founder & CEO of MNT-Halan, and Malak El Baba, Vice President and Egypt Country Manager at Visa.

Mounir Nakhla, Founder and CEO of MNT-Halan, stated:

“The Halan Card represents the future of digital payments. Partnering with Visa unlocks tremendous possibilities, allowing us to capitalize on their trusted global network and strong infrastructure to increase distribution across Egypt and pave the way for introducing the card to new markets.”

Malak El Baba, VP & Egypt Country Manager at Visa, added:

“MNT-Halan has established itself as a powerhouse in the regional fintech landscape. Together, we are delivering a superior payment experience that combines the speed of instant credit with the reliability and acceptance of the Visa network.”

Contributing to a Cashless Economy

This partnership reinforces MNT-Halan’s commitment to building a scalable and inclusive financial ecosystem. It also aligns with Egypt’s national vision to transition toward a cashless, digitally-enabled economy, providing secure and accessible financial services to all segments of society.