The money was raised across several stages with $12.5 million coming in pre-seed funding and an equity round. Additional funds were raised through debt financing and a securitized bond issuance.
Estimated reading time: 0 minutes, 17 seconds
Blnk Looks to Bolster Egyptians’ Credit Options with New Influx of Cash
Egyptian fintech Blnk raised $32 million in funding toward its mission of providing credit services for merchants to offer customers. So reports CoinDesk.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-