Tech Company Financing Transactions
Blnk Funding Round
Algebra Ventures, BM Capital and Emirates International Investment joined a $36.9 million Series A funding round for Blnk. The round was announced by the company on 6/8/2026.
Transaction Overview
Company Name
Announced On
6/8/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$36,900,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to extend its tech capabilities, expand into new products, explore geographic expansion and launch its credit card program enabling customers to utilise the credit limit beyond its network.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Office 3-1B, building 3 The Polygon, Sodic, Sheikh Zayed
Giza, Undisclosed
Egypt
Giza, Undisclosed
Egypt
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amr Sultan
Chief Financial Officer
Ahmed Ozalp
Chief Technical Officer
Karim Sobh
Co-Founder
Tarek El-Sheikh
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Next: 6/8/2026: Goldenrod Therapeutics venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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