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.

We are a fintech company with a mission of enabling inclusion through point-of-sale financing. Less than 4% of Egyptians have access to credit cards and can only afford to purchase products/services with cash that they have saved or are forced to borrow from hard money lenders at high interest rates. We’re changing this by enabling all consumers to instantly receive credit within minutes at their favorite merchants. 

https://www.blnk.ai/

Lending

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Fintech

Blnk, A Fintech That Provides Instant Consumer Credit In Egypt, Raises $32M In Debt And Equity

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