Mounir Nakhla and Ahmed Mohsen founded Halan as a ride-hailing company in Egypt in 2017, drawing inspiration from companies such as Indonesia’s GoJek. The company pivoted towards financial services in 2019, taking advantage of a series of new laws to encourage the growth of digital payments and non-banking financial institutions in the country.
In early 2021, the company began operating its ‘Neuron’ core banking software, offering services including buy-now-pay-later (BNPL) loans and microfinance solutions, together with payment services such as peer-to-peer (P2P) transfers and bill payment and remittances.
