Company profile
Blnk for Consumer Finance S.A.E.
Blnk for Consumer Finance S.A.E. (Blnk) is an Egyptian non‑bank consumer finance provider offering point‑of‑sale instalment loans to retail customers through a merchant network. The company launched its digital lending platform in July 2021, enabling approvals within minutes using a national ID, with repayment terms of 6 to 36 months. In November 2022, Blnk announced a US$32 million package comprising US$12.5 million in pre‑seed and seed equity led by Emirates International Investment Company (EIIC) and Sawari Ventures, US$11.2 million in bank debt, and an EGP 202 million securitised bond issuance underwritten by National Bank of Egypt and Banque du Caire (as part of a three‑year programme arranged by CI Capital). Blnk reports that it has disbursed over US$20 million in loans and targets financial inclusion by underwriting at the point of sale through its proprietary risk-scoring infrastructure. The company operates nationwide in Egypt from its headquarters in 6th of October City, Giza.
- Sector
- Financial services / FinTech Platforms (Other), Consumer Lending
- Markets
- Egypt
- Founded
- 2020
- Ownership
- Private
- Stage
- Scale-up
- Capital raised
- $60.8m
- Employees
- 201-500
- Business model
- B2C, B2B2C Transactional, Financial Services
Products and services
Point‑of‑sale consumer instalment loans
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 8 Jun 2026 | Algebra Ventures and partners invest USD 37.1 million in Blnk's operations in Egypt | Venture Capital | $37.1m | Egypt |
Source: Partner Researchers.