Egypt -

Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity • ZebethMedia

By zebethcontrolPosted on November 10, 2022Posted in Blnk, Egypt, Fintech, StartupsNo Comments

Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. As such, people in the country have little or no access to credit, given the other few options that exist in the market. One of these options, consumer loans, is being explored […]

Money Fellows, an Egyptian fintech digitizing money circles, raises $31M funding • ZebethMedia

By zebethcontrolPosted on October 31, 2022Posted in Egypt, Fintech, Money FellowsNo Comments

Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment. The round, which the startup expects to top up in the coming months, was led by CommerzVentures, Middle East Venture Partners (MEVP) and Arzan Venture Capital. Other participating investors include Partech, Sawari Ventures, Invenfin, […]