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MNT Starts Trading on Egyptian Exchange
MNT, a leading Egyptian fintech platform, has immediately launched its shares on the Egyptian Exchange following strong investor demand. The private placement was oversubscribed by 11.2 times, and the public offering by 43.6 times. A total of 320 million shares, representing 20% of the company's capital, were sold. This step supports the company's growth and expansion of its integrated financial services, which currently serve approximately 7.9 million clients and have exceeded financing of 178 billion Egyptian pounds as of June. Listing on the stock exchange reflects investors' confidence in the company's ecosystem, plans to expand its services, and strengthen its market position.
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