Digital lending platform partnering with Egyptian merchants to finance purchases.
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Blnk is a digital lending platform that partners with Egyptian merchants to underwrite customers at the point of sale. It finances purchases, such as electronics, furniture, and automotive services, through installments of 6-36 months. In November 2022, the fintech startup raised a $12.5 million seed round from Emirates International Investment Company, Sawari Ventures and Darwazah Capital.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Apr 26, 2023 | $32.0M | — | |
| Feb 8, 2023 | $12.5M | — | |
| Nov 11, 2022 | $23.7M | — |