Flend is licensed as a Digital Non-Banking Financial Institution (Digital NBFI) by Egypt's Financial Regulatory Authority and provides a fully online lending experience from onboarding to repayment. The company operates an embedded finance model, integrated with over 20 supply chain platforms across sectors such as agri-food and e-commerce to enable seamless access to credit for SMEs. Flend aims to address Egypt's estimated $50 billion SME financing gap. The business plans to use new capital to expand its team, strengthen partnerships, and enhance its technology infrastructure. It intends to provide approximately EGP 1 billion (about $21 million) in loans to SMEs over the next year. The recent raise comprises both equity and debt to support these growth and lending objectives.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2025