MNT-Halan, Egypt’s leading fintech ecosystem, has announced the successful rollout of Neuron, the proprietary core banking software it developed and launched earlier this year.  Having begun life as a ride-hailing app for two- and three-wheeler vehicles back in 2018, MNT-Halan has morphed into a super app of sorts, and in the process become Egypt’s largest and fastest-growing lender to the unbanked.

KPMG’s Pulse of Fintech’s report shows aggressive growth in EMEA thanks in large part to the UAE government’s efforts to foster digital transformation and the launch of the Dubai Digital Authority (DDA). According to GoFinance, the digital finance and insurance marketplace, expectations are that Fintech will continue to scale and accelerate.