
How responsibly deploying AI credit scoring models can progress financial inclusion
Egypt has made good progress in boosting financial inclusion and AI-driven technology has been key to extending credit to underbanked groups like women.
MNT-Halan is a unicorn and leading fintech in focusing on access to financial services in Egypt and the Middle East and North Africa. With operations in Turkey, Pakistan, the United Arab Emirates and its home market of Egypt, its suite of services includes business and consumer loans, the Halan Card and wallet, investment options, and an e-commerce platform. Founded in 2018, MNT-Halan has served 8 million people and disbursed more than $13 billion in loans. It is among the largest fintechs in Egypt, is the fifth-largest provider of financial services in Egypt and holds a 52% market share of factoring businesses served in Turkey.

