Chimera Investments completed the acquisition of a 22% stake in MNT Halan for $200m.

Chimera Investments, an investment company in Abu Dhabi, completed the acquisition of a 22% stake in MNT Halan, a microfinance lending and payments company, for $200m. "As one of the region’s premier and most progressive investors, Chimera Abu Dhabi brings a unique and dedicated understanding of our business. Having the backing of Chimera Abu Dhabi is of significant support to the execution of our strategy. The timing of the transaction is also a testament to our ability to significantly increase our revenues and open new revenue streams while growing our bottom line, despite the macro-economic situation. I am excited for what lies ahead as we continue to grow both organically and inorganically by offering cutting edge financial products and services locally and internationally to empower the underserved," Mounir Nakhla, MNT-Halan Founder and CEO.