Halan is a financial super app that combines ride-hailing services with a suite of financial tools, including personal loans, money transfers, and investment opportunities, all accessible through a single platform. This integration addresses the need for a streamlined solution to manage transportation and financial transactions in Egypt, enhancing convenience and accessibility for users.
Funding
$120M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
APLCFounders
Product
Problem
In Egypt, many individuals lack convenient access to a comprehensive platform for managing both transportation and financial transactions, often requiring multiple apps and services. This fragmentation increases complexity and reduces efficiency for users seeking streamlined solutions.
Solution
Halan provides a financial super app that integrates ride-hailing services with a suite of financial tools, creating a unified platform for users in Egypt. The app enables users to access personal loans with flexible repayment plans, transfer money to peers, pay bills, explore investment opportunities in gold and savings accounts, and shop for various products. Halan simplifies financial management by consolidating these services into a single, user-friendly interface, enhancing convenience and accessibility. The platform also offers gaming experiences where users can win cash prizes, adding an element of entertainment to its financial offerings.
Target Audience
Halan primarily targets individuals in Egypt seeking a convenient, all-in-one platform to manage their transportation, financial transactions, and investment opportunities.
Features
- Ride-hailing services integrated with financial tools for seamless transactions.
- Personal loans with credit limits up to 500,000 EGP and repayment over 36 months.
- Specialized loan programs for education and home improvement, up to 4,000,000 EGP.
- Business loans available up to 15,000,000 EGP with simplified application process.
- Money transfer functionality for bill payments and peer-to-peer transactions.
- Investment opportunities in gold purchases with installment plans and high-yield savings accounts.
- E-store featuring home appliances, electronics, and groceries with exclusive deals.
- Gaming experiences with daily prizes up to 500 EGP.
- Halan Card for easy and secure transactions with installment payment options.