A prominent bank in Egypt providing a range of financial services and products.
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.
Lucky Secures $23M Series B Funding to Scale Credit Access Across North Africa
Lucky announced a successful closing of a $23 million Series B funding round. The funding round was led by Disruptech Ventures and Suez Canal Bank.
Bokra’s Groundbreaking Sukuk Issuance Ushers in a New Era for Islamic Fintech in Egypt
Bokra raised 3 billion Egyptian pounds ($58.9 million) through its inaugural sukuk issuance. The sukuk issuance is structured with an 84-month term and aims to bolster Aman Project Finance’s Sharia-compliant lending portfolio.
