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South Africa banks chase underserved mid-sized businesses to drive growth
Key Points South Africa’s biggest banks face growing competition for large corporate clients Look to win more clients from once ignored medium-sized companies Nedbank, Investec
Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets
The raise includes a $12.5 million Series A equity round led by Algebra Ventures. SANAD Fund for MSME, Endeavor Catalyst and Emirates International Investment