AI in Egypt

MNT-Halan, Egypt's leading fintech company, deployed an AI-powered credit scoring engine that automated over 50% of loan approvals and achieved a 60% approval rate for previously unscoreable users. The autonomous system pulls data from credit bureaus, verifies documents, evaluates applicant risk against scoring models, and makes preliminary approval decisions including instant micro-loan approvals for straightforward cases.

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.