Suez Canal Bank
9 Abdel Kader Hamza St., Cairo, Al Qahirah, 11516, Egypt
Overview
Suez Canal Bank is an Egyptian joint stock company that offers retail and commercial banking services.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 2
- Active investors
- 1
Sector focus
- Banking
- Financial Services
- Personal Finance
Investment portfolio
- Blnk
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.
- Lucky
Participated · Series B · Apr 2026
Lucky offers digital consumer lending and small, fast loans aimed at users underserved by traditional banks, leveraging technology-driven risk models. The company positions itself as a fintech platform focused on inclusive financial services across the region. It is headquartered in the Middle East. Following the $23M Series B, Lucky plans to grow its technology team and upgrade its risk-control systems. The company also intends to use the funds to expand into additional regional markets. The articles do not provide revenue, user, or other operating metrics.
Team
Shehab Zidan, MBA
Deputy CEO and Managing Director
LinkedIn