Revenya Capital by Arzan VC Receives $2 Million Funding for MENA Growth
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Hasan Zainal, Arzan VC Founder
Arzan Venture Capital has partnered with Ahmed Taqatqa to launch Revenya Capital, a new revenue-based financing platform aimed at supporting tech startups across the Middle East and North Africa (MENA) region. With an initial seed investment of $2 million, backed by Arzan VC and Arzan Financial Group (AFG), Revenya Capital also benefits from additional credit facilities through AFG’s network, aiming to address the rising demand for non-dilutive funding.
Flexible Funding for Tech Startups
Revenya Capital collaborates with venture capital firms to offer short-term, non-dilutive funding for various startup needs, including marketing, inventory, events, and equipment. This partnership enables startups to secure essential funds without giving up equity, facilitating growth-focused strategies.
Filling a Market Gap in Non-Dilutive Funding
Highlighting the need for non-dilutive options, Co-Founder Ahmad Takatkah noted that the region has only a few players in this area, including Erad, Capifly, FlapKap, and Flow48. Revenya Capital aims to work alongside these companies to expand flexible funding solutions across MENA’s fast-evolving startup ecosystem. According to Arzan VC’s Hassan Zainal, Revenya’s launch meets an essential need for more adaptable financing options for tech startups.
Source: EntArabi
Revenya Capital
Revenya Capital is a game-changing revenue-based financing option, that gives you operational capital, without sacrificing more equity. No dilution, no warrants, no conversions, and above all, no personal guarantees! Wait! No pitch decks, no data rooms, no business plans, no financial projections!
Arzan Venture Capital
Arzan Venture Capital is an early-stage VC firm specializing in startups with a MENA focus with a portfolio of over 30 startups, fostering partnerships with the region's emerging entrepreneurs.
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