MNT-Halan Acquires Talabeyah to Expand Access to Merchants in Egypt.

MANews-(C)2009-2022

Egyptian fintech MNT-Halan has acquired Egypt-based B2B e-commerce and distribution platform Talabeyah to expand access to merchants in Egypt, the company said.

The terms of the transaction were not disclosed.

As a result of this transaction, MNT-Halan will be disrupting the current multi-layered and fragmented FMCG supply chain model and empowering small merchants.

MNT-Halan's digital ecosystem includes small business and consumer lending, payments, and e-commerce. Adding a digital FMCG offering to MNT-Halan's merchant network greatly enhances the company's breadth and scope and increases stickiness to its ecosystem.

Talabeyah's digital platform provides small retailers immediate access to an extensive range of...

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