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Egyptian Fintech Startup Blnk Raises US$37.1 Million to Expand Digital Consumer Financing Platform

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blnk

Egypt-based fintech startup Blnk has secured a total of US$37.1 million in fresh funding, comprising US$12.5 million in Series A equity financing and US$24.6 million in debt funding, as the company looks to scale its point-of-sale lending platform and expand financial access for underserved consumers. The funding round highlights growing investor confidence in Egypt’s digital … Read more

IIFL Fintech Fund Closes Series II with ₹200 Crore to Boost India’s Fintech Growth

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India’s leading early-stage fintech-focused fund, IIFL Fintech Fund, has announced the successful closure of its Series II funding round, raising ₹200 crore from prominent family offices, UHNI, and HNI investors. The fund aims to invest in the next generation of fintech startups, including those exploring cutting-edge opportunities in the generative artificial intelligence space. Track Record … Read more

GrayQuest Raises ₹80 Crore in Series B Funding to Revolutionize India’s Education Payments Ecosystem

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Rishabh Mehta

Mumbai, India – GrayQuest, a leading fintech company dedicated to developing digital financial solutions for India’s education sector, has raised ₹80 crore ($9.3 million) in its Series B equity funding round. The funding will enable GrayQuest to enhance its technology platform and expand its reach to educational institutions nationwide, solidifying its position as a pioneer … Read more