Books of Dr. Nasser Hussein
I announced a company. «The parents are Capitol.» SNB Capital, investment arm of the Saudi Arabian Bank and the largest asset manager in the region, about its successful leadership of a strategic investment round for a company. «MNT, now.» (MNT-Halan), leading financial technology and digital banking services, represents a qualitative step in support of financial innovation in the region.
An evaluation jump to $1.4 billion.
This huge investment round contributed to the upgrading of a firm's evaluation. «MNT, now.» Over the $1.4 billion barrier, enhancing its position as the first billion Unicorn financial technology company in the region, and reflecting the considerable confidence of major financial institutions in the business model of the company and its capacity for sustainable growth.
Organizational approvals and completion of phase I
And I confirmed. «The parents are Capitol.» The first closure of this investment round has been successfully completed after obtaining all necessary regulatory and oversight approvals from the competent authorities; this step is part of the company-led strategic partnerships to invest in promising critical sectors, where the final closure of the round is being finalized.
An ambitious vision of expansion in the Gulf and Egypt
Target. «MNT, now.» Through this new capital support, it has accelerated its ambitious expansionist plans, particularly in the markets of GCC States, as well as enhanced leadership on the Egyptian market, focusing on the development of the company ' s technological infrastructure and the expansion of the digital financial services base for individuals and SMEs.
Enhancing financial inclusion and digital transformation
Command comes. «The parents are Capitol.» In line with the Kingdom ' s 2030 vision targets in support of digital transformation and the development of the financial technical sector (FinTech), the Partnership seeks to integrate innovative technological solutions with long-standing banking experience, with a view to enhancing financial inclusion, providing financing solutions and an advanced digital payment that contributes to facilitating the daily financial transactions of consumers in the region.
