FlapKap

Cairo, Egypt Founded: 2021 • Age: 5 yrs
Developer of an online platform for advertisement financing
Annual revenue - Latest available
Total funding $38.8M 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 2 Brand Intelligence

About FlapKap

FlapKap is a company based in Cairo (Egypt) founded in 2021. FlapKap has raised $38.8 million across 4 funding rounds from investors including Channel Capital, BECO Capital and PactVC. FlapKap offers products and services including Revenue Based Funding, POS Merchant Advance, and Dynamic Credit Line. FlapKap operates in a competitive market with competitors including Moove, among others.

  • Headquarter Cairo, Egypt
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38.8 M (USD)

    in 4 rounds

  • Latest Funding Round
    $34 M (USD), Seed

    Sep 09, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of FlapKap

FlapKap offers a comprehensive portfolio of products and services, including Revenue Based Funding, POS Merchant Advance, and Dynamic Credit Line.

Primary

Funds working capital with fees based on business revenues.

Advances future revenue for e-commerce and retail operations.

Provides credit using trade receivables for cash flow needs.

People of FlapKap

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Samer Gerges
Risk Associate
People
Khaled Nassef
Co-Founder & CTO
People
Ahmad Coucha
Co-Founder & CEO
People
Mina Hamdy
Senior Software Engineer

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Funding Insights of FlapKap

FlapKap has successfully raised a total of $38.8M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $34 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Seed — $34.0M
  • First Round

    (22 Mar 2022)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2024 Amount Debt – Conventional - FlapKap Valuation

investors

Sep, 2024 Amount Seed - FlapKap Valuation BECO Capital
Oct, 2022 Amount Seed - FlapKap Valuation QED Investors , Outliers Venture Capital

Investors in FlapKap

FlapKap has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Channel Capital, BECO Capital and PactVC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are provided to startups in the Gulf and MENA region.
Founded Year Domain Location
Venture capital firm focused on thematic and seed-stage investments
Founded Year Domain Location
A venture capital firm focused on early-stage tech investments.
Founded Year Domain Location

Investments & Acquisitions by FlapKap

Investments

Financial Statements - FlapKap

Flapkap Comparisons

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Competitors of FlapKap

FlapKap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moove, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Revenue-based vehicle financing is offered to mobility entrepreneurs.

Latest news on Flapkap

Frequently Asked Questions about FlapKap

FlapKap was founded in 2021 and raised its 1st funding round 1 year after it was founded.

FlapKap is headquartered in Cairo, Egypt.

FlapKap is a funded company, having raised a total of $38.8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.6M, raised on Mar 22, 2022.

FlapKap was founded in 2021 in Cairo, Egypt, within the fintech sector focused on advertisement financing. An online platform is operated to extend loans to eCommerce and SaaS businesses, supporting investments in media and advertising campaigns. AI-based insights on ad performance are provided to assist with decision-making. Operations center on enabling targeted marketing expenditures for digital companies.

FlapKap's top competitors include Moove.

FlapKap offers Revenue Based Funding, POS Merchant Advance, and Dynamic Credit Line.

FlapKap has 7 investors. Key investors include Channel Capital, BECO Capital, PactVC, A15, and DPI Venture Capital.

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