Amr Sultan Enables Consumer Credit Access for Underserved Egyptians

By : Melchior Koba

Date : lundi, 22 juillet 2024 08:51

As a financial analyst, he leads an innovative company that uses technology to promote financial inclusion in Egypt. His company facilitates access to credit for consumers by working directly with merchants.

Amr Sultan (photo), an Egyptian finance expert and entrepreneur, is the co-founder and CEO of Blnk, a fintech company dedicated to enabling financial inclusion through point-of-sale financing.

Founded in 2021, Blnk specializes in providing consumer credit to underserved populations. The company allows consumers to instantly obtain credit from their favorite merchants and pay in installments over a period of up to 36 months. The credit purchase process through Blnk requires only a national ID card.

Prior to co-founding Blnk, Amr Sultan co-founded Akanar Partners in 2009. As the managing director until 2016, he led this corporate finance and mergers and acquisitions advisory firm, providing services in corporate finance, M&A advisory, fundraising, and structured finance. Akanar Partners was subsequently acquired by Arqaam Capital, an institutional investment bank.

Amr Sultan holds a bachelor's degree in business administration, earned in 1998 from the American University in Cairo. He also became a Chartered Financial Analyst (CFA) in 2001, certified by the CFA Institute.

Sultan began his professional career in 2000 at HC Securities & Investment, an investment bank, as an equity research associate. From 2003 to 2009, he served as co-head of investment banking at Beltone Financial, a financial services provider.

Melchior Koba

 

TECH STARS

Please publish modules in offcanvas position.