We’re thrilled to have led blnk‘s $12.5 million equity round alongside our friends at SANAD Fund for MSME by Finance in Motion, Endeavor Catalyst, and Emirates International Investment Company (EIIC). The company also secured significant local debt financing from leading banks and NBFIs, including National Bank of Egypt (NBE), Suez Canal Bank, Al Baraka Bank Egypt, CORPLEASE, GlobalCorp-, and BM Lease.
Founded in 2021, blnk is transforming access to consumer finance in Egypt by enabling customers to access financing in as little as three minutes through a network of more than 3,000 merchants across the country. Since raising its seed round in 2022, the company has onboarded more than one million customers and built a loan portfolio exceeding EGP 1 billion. Remarkably, 75% of its users were previously unbanked or underserved, while more than 35% are women.
blnk reached profitability in 2025, driven by 173% year-on-year revenue growth. The team’s ability to expand access to credit while maintaining disciplined underwriting has positioned the company as a category-defining player in Egypt’s consumer finance market.
With this new capital, blnk will continue investing in its technology, launch its credit card program, expand into new products, and explore opportunities beyond Egypt.
We’re excited to partner with the exceptional team at blnk as they build the next chapter of financial access in the region.
Read more about the announcement here.