A fintech company based in Cairo that provides point-of-sale financing solutions to consumers, focusing on underserved populations.
Blnk raises $37 million to target Egypt’s underserved credit market
Blnk raised $37.1 million in equity and debt financing to expand its lending services. The funding includes a $12.5 million Series A equity round led by Algebra Ventures.
Egypt’s Blnk Raises $37m to Deepen Point of Sale Credit for Consumers
Blnk closed a $37.1 million funding round, including a $12.5 million Series A equity round. The funding aims to accelerate point-of-sale consumer lending operations in Egypt.
Egyptian Fintech Blnk Raises $37 Million to Bring Credit to the Unbanked
Blnk raised $37 million, including $12.5 million in Series A equity and $24.6 million in local debt. The company has onboarded over one million customers since late 2022, with 75% being unbanked or underserved.
15 Egyptian startups selected for 500 Global, ITIDA scale-up programme
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme. The programme offers personalised mentorship and growth techniques to pre-Series A and Series A startups.
