CAIRO : Blnk, a fintech platform that enables instant consumer credit in Egypt, has closed one of the country's biggest funding rounds for a startup this year, raising $32 million, its chief executive said.
The funds will be used to accelerate financial inclusion within underserved communities across the country, to support further development of Blnk’s Artificial Intelligence-powered lending infrastructure, and to finance the company’s fast-growing portfolio of customers, he added.
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