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MNT-Halan named Global Finance’s Most Innovative Fintech in Africa for second consecutive year

Oluwatosin Adeyemi by Oluwatosin Adeyemi
April 14, 2025
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FRA grants MNT-Halan for paperless e-KYC in Egypt

FRA grants MNT-Halan for paperless e-KYC in Egypt

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On April 7, Global Finance named MNT-Halan the Most Innovative Financial Technology Company in Africa for the second year in a row as part of its 2025 Innovators Awards.

MNT-Halan was recognised for the introduction of the Halan Card to the Halan app, which led to 5 million new downloads in 2024, and the scalability of Neurone, the first proprietary core banking system software in the Middle East and Africa, as MNT-Halan entered new markets.

The company appeared alongside well-known international banks and fintechs like HSBC, Standard Chartered, the Reserve Bank of India, Bank of America, and Nubank.

Mozambique’s Nedbank won The Most Innovative Bank in Africa

Nedbank of Mozambique was also awarded the Most Innovative Bank in Africa.

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This is the 12th annual awards program from Global Finance, which honours organisations that consistently forge new avenues and create innovative financial instruments. A comprehensive report on The Innovators 2025 will be available on GFMag.com and in the June print and digital editions of Global Finance. The World’s Best Financial Innovation Labs and the Top Financial Innovations both nationally and internationally, will also be featured in the June issue.

“Traditional banking is being rapidly transformed by advances such as mobile and real-time payments, the use of blockchain technology, and emerging AI solutions, making financial services more efficient, secure, and accessible,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Innovators are at the forefront of this transformation and are leading the way to the future of finance.”

The editorial board of Global Finance made all of the decisions after consulting with reporters who are knowledgeable about the roles these innovators are performing. The regional awards required entries, but the global awards did not.

Other notable awards include:

  • Most Innovative Banks Globally (2025):
  • HSBC
  • Reserve Bank of India (RBI)
  • Standard Chartered
  • Most Innovative Financial Technology Companies Globally (2025):
  • Auquan
  • Nubank
  • REGnosys
  • Most Innovative Banks by Region (2025):
  • Africa: Nedbank (Mozambique)
  • Asia-Pacific: Taipei Fubon Bank
  • Central & Eastern Europe: Aktif Investment Bank
  • Latin America: Banco Bradesco
  • Middle East: Arab Bank
  • North America: Bank of America
  • Western Europe: Societe Generale
  • Most Innovative Financial Technology Companies by Region (2025):
  • Africa: MNT-Halan
  • Asia-Pacific: KASIKORN Business-Technology Group
  • Central & Eastern Europe: InPost Pay
  • Middle East: Geidea
  • North America: Battery Finance
  • Western Europe: RedCompass Labs

About Global Finance

Global Finance was established in 1987, with a circulation of 50,000 and readers in 188 nations, territories, and districts.

Senior financial and corporate leaders in charge of strategic and investment choices at financial institutions and global corporations are among the readers of Global Finance.

Its website, GFMag.com, provides articles and analysis based on 38 years of experience in global financial markets.

Global Finance has offices all around the world, with its headquarters being in New York.

Tags: FintechGlobal FinanceMNT-Halan
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

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