Diligence memo · auto-generated · as of July 2, 2026
Flend
Flend has raised $3.0M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Flend is a private company, based in Africa. Egyptian SME lending startup Flend has raised US$3 million in seed funding through a blended equity and debt round to help it expand its operations, team, and partnerships.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Flend has raised $3.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2025-07-23.
Most recent recorded round closed around 2025-07-23.
Valuation (modeled)modeled
Provath models Flend at approximately $8.5M (range $2.7M–$17M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of sector peers (8525 compared).
Modeled value ranks above 98% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.