blnk

blnk is a fintech company founded in 2020 in Egypt with the slogan "Enabling Inclusion through Point-Of-Sale Financing." The company's mission is to address the lack of access to credit cards, with less than 4% of Egyptians having this privilege. Their goal is to enable all consumers to receive instant credit within minutes at their favorite merchants, thereby combatting the need to save or borrow from hard money lenders at high interest rates. The last investment round, a substantial $19.50M in debt financing, took place on 10 November 2022, with investments coming from Banque du Caire and the National Bank of Egypt. Operating in the E-Commerce and Finance industries, blnk is poised to make a significant impact on the accessibility of financial services for the Egyptian population.