Participated · Debt Financing · Jun 2026

Blnk offers point-of-sale consumer financing through a merchant network of more than 3,000 stores across categories such as electronics, home appliances, automotive services, and furniture, enabling consumers to access loans with minimal documentation in as little as three minutes and repayment terms of 6 to 36 months. The company uses proprietary algorithms and machine learning models to perform localized, real-time credit risk assessments and price loans based on predicted default probabilities. Since its seed round in November 2022, Blnk has onboarded over one million customers, grown a loan portfolio exceeding EGP 1 billion, and reported reaching profitability in 2025 driven by a 173% year-on-year revenue increase. Around 75% of its users were previously unbanked or underbanked, and women make up more than 35% of its customer base. Blnk plans to expand its product suite, enhance its technology, explore geographic expansion, and launch a credit card program that allows customers to use credit limits outside its merchant network. The company leverages both equity and local debt capital to scale operations and broaden access to consumer finance in Egypt.

Participated · Debt Financing · Feb 2023

Founded in 2018 by Mounir Nakhla, MNT-Halan is a fintech and non-bank financial services platform that provides digital lending, payments, e-wallets, investments, and e-commerce services. The company operates across Egypt, Türkiye, Pakistan, and the UAE. MNT-Halan has disbursed more than $15.5 billion in loans and served over 8 million customers globally. It has achieved unicorn status with a reported valuation of $1.4 billion following the recent strategic investment. The proceeds from the current investment are intended to support expansion in Egypt and to fund regional growth. The company continues to grow its footprint through additional funding rounds, with the current round still ongoing after this first closing.