Egypt-Born FlapKap Raises $34 Million Pre-Series A to Scale SME Financing Across MENA
Part of the funding will also go towards optimising the fintech’s technology infrastructure to launch trade finance products designed specifically for B2B businesses.
FlapKap, co-founded in 2022 by Ahmad Coucha, Khaled Nassef, Sherif Bichara, and Kunal Harisinghani, provides revenue-based and embedded financing solutions to help SMEs — especially those in eCommerce, retail, and restaurant sectors — scale their inventory and digital ads through instant funding, with the flexibility to pay later.
Photo courtesy of Priscilla Du Preez.
Source: Techpoint Africa (link opens in a new window)
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