Blnk has raised $12.5M in Series A funding. The round drew backing from Algebra Ventures, Endeavor Catalyst, SANAD, and Emirates International Investment Company, giving the company a fresh pool of capital to work with as it builds on its current business.
Blnk Raises $12.5M Series A Round
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PropelRaise spotlight: Blnk 馃嚜馃嚞 Blnk gives Egyptian merchants of all sizes a way to offer their customers instant finance at the point of sale. In June 2026 it raised a $12.5M Series A led by Algebra Ventures, with Endeavor Catalyst, SANAD and Emirates International Investment Company.
It also took on $24.6M in debt from Egyptian lenders including National Bank of Egypt and Suez Canal Bank. That takes Blnk to $69.1M raised across four deals on Propel. Full funding history: propel.africa/org/blnk #AfricanStartups #Fintech #Egypt
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Spout
The market demand for Voice over IP (VoIP) hosted solutions has grown in recent years as small businesses seek ways to lower their communications costs and simplify network management while controlling expenses. Major improvements in security and reliability have propelled sales of VoIP / IP Telephony; a trend that is expected to continue for many years. As VoIP service penetrates the mass market, millions of phone subscribers are becoming educated on the advantages of packet-based IP networks for their communications needs. Enhanced features, customization, simplified billing, and intuitive management interfaces appeal to both small medium-sized business customers. As carriers roll out new offerings, subscribers are finding these services to be indispensable in their daily lives. Subscribers have, over the last few years, have come to expect full functionality in the form of Interconnection, Security, Policy Enforcement, Privacy, and Regulatory Compliance. Spout brings you all of this plus: low-cost, low-latency, and top-tier connectivity on a simple yet feature-rich portal. So why wait? Choose Spout today!
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