Daily Archives: Jun 27, 2026
Blnk Secures $37 Million to Expand AI-Driven Consumer Lending in Egypt
Blnk, an Egyptian financial technology company focused on point-of-sale lending, has raised $37 million in a mix of equity and debt to scale its consumer finance operations in one of the Middle East’s fastest-growing credit markets.
The funding includes a $12.5 million Series A equity round led by Algebra Ventures,...
Knife Capital Exits VoxCroft Analytics in Redpoint Advisors Acquisition
Knife Capital, a South African venture capital firm, has exited its investment in VoxCroft Analytics following the acquisition of the company's U.S. entity by Redpoint Advisors, marking a successful exit for Knife Capital's KNF II fund.
The transaction highlights growing international interest in African-built artificial intelligence and intelligence technologies, particularly...
3IF Ventures Reaches $12 Million First Close to Back Africa’s Insurance...
3IF Ventures, the first venture capital fund dedicated exclusively to Africa’s insurance technology ecosystem, has secured a $12 million first close, drawing support from FSD Africa Investments and regional reinsurer ZEP-RE as cornerstone investors.
The fund aims to address Africa’s vast insurance protection gap by providing equity financing to...