AI in Egypt

MNT-Halan built a proprietary AI credit scoring engine that profiles users from behavioural and transactional data in its Halan super-app, such as purchases, repayments and app interactions, instead of credit bureau records. It has automated more than 50% of loan approvals and approves 60% of previously unscoreable users, with sensitive cases reviewed manually.

iscore, Egypt's leading credit bureau operating since 2008, partnered with e& enterprise, the digital transformation arm of global technology group e&, to implement a groundbreaking AI-powered data governance framework and credit risk management solution.