Egypt
Blnk
$37.1M
Series A
Summary
Blnk, an Egyptian fintech that offers point-of-sale consumer loans, raised $37.1 million in equity and debt financing. The company will use the new capital to expand its lending products, strengthen its technology, and grow beyond its current markets.
Investors
Algebra Ventures, SANAD Fund for MSME, Endeavor Catalyst, Emirates International Investment Company, National Bank of Egypt, Suez Canal Bank, Bank Al Baraka Egypt