Currently, MNT-Halan provides FinTech services including small business and consumer lending, payments, and e-commerce, as well as delivery and ride-hailing services
The journey towards using the full-power of AI for business continues to be a long road as difficulties with deployment and maintenance of systems remain key challenges
The challenges created by the global supply chains have also created promising investment opportunities to outsource services to Egyptian companies, added Mahfouz
The round was led by Arzan Venture Capital and Shorooq Partners with participation from Camel Ventures, Averroes Ventures, and a number angel investors, the company said in a release
"We aim to become the most trusted used cars retailer in the region," said CEO Omar El Defrawy