Blnk

Based in Cairo, Egypt, Blnk is a financial technology company that provides instant consumer credit at the point of sale through an AI-powered underwriting platform. The platform allows underserved consumers without prior credit histories to access financing for retail purchases in as little as three minutes using only a national identification card, with repayment terms ranging from six to thirty-six months. Operating across a network of over 300 merchant partners, the enterprise has disbursed more than $20 million in loans to a user base exceeding 60,000 customers. To support its lending operations, the firm has secured $32 million in total funding across equity, debt, and securitized bonds, backed by institutional investors including Emirates International Investment Company, Sawari Ventures, and the National Bank of Egypt. Blnk was founded in 2021 by Amr Sultan and Tarek Elsheikh.