Revenya Capital by Arzan VC Receives $2 Million Funding for MENA Growth

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