FlapKap was founded in 2002 and 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.
The fintech addresses several financial challenges for B2B businesses, most of which have limited access to traditional bank loans or venture capital, by streamlining the loan approval process. The platform’s data-driven approach integrates unconventional data sources from ecommerce sites, social media, payment gateways, and bank accounts to assess applicants. Moreover, the platform uses AI-powered models and Open Banking to provide accurate underwriting while lowering operating costs.
SMEs represent up to 90% of all businesses in most MENA countries, yet many struggle to secure the financial support needed to grow. FlapKap addresses this by automating the lending process.
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