Arzan Venture Capital (Arzan VC) has partnered with Ahmad Takatkah to launch Revenya Capital, an innovative revenue-based financing (RBF) firm dedicated to empowering tech startups in the MENA region. Backed by a $2 million seed investment from Arzan VC and Arzan Financial Group (AFG), along with a credit facility from AFG’s network, Revenya Capital aims to meet the rising demand for non-dilutive financing in the region.
Revenya Capital will collaborate closely with venture capital firms to provide their portfolio companies with flexible, non-dilutive funding for needs like marketing, inventory, events, equipment, and seasonal demands. This partnership allows VCs to support their startups’ growth without diluting equity, maintaining their focus on scale and success.
Revenue-based financing is becoming crucial for startups seeking growth capital without sacrificing ownership. With advanced AI and machine learning capabilities, Revenya Capital offers fast, data-driven financing decisions, positioning itself as a tech-driven partner for high-growth startups. The firm targets startups with predictable revenue streams, providing short-term loans from 3 to 9 months, ranging between $50,000 and $500,000, with a fixed monthly fee of 1.5% to 2.5% and repayment rates of 5% to 20% of monthly revenue.
“We believe that RBF is the perfect twin for equity investments in MENA, and the timing is right. The demand for non-dilutive financing is growing exponentially, but currently, there are only four companies providing RBF solutions in the region—Erad, Capifly, FlapKap and Flow48. This is far from sufficient to meet the needs of the fast-growing startup ecosystem in MENA. We also look forward to collaborating and co-lending with these firms to expand the availability of RBF options.” said Ahmad Takatkah, Co-founder & Managing Partner of Revenya Capital.
Hasan Zainal, Founder & Managing Partner of Arzan VC, commented, “The launch of Revenya Capital fills a major gap in the market for flexible funding solutions tailored for tech startups. We’ve known Ahmad Takatkah for almost a decade; he was an early member of Arzan VC’s team. We’re confident that with his leadership and AFG’s support, Revenya Capital will bridge this gap and foster innovation across the region.”
Leveraging AFG’s network and financial expertise, Revenya Capital is poised to become a key player in MENA’s startup financing landscape. The firm is committed not only to providing capital but also to building strategic partnerships with startups and VCs, accelerating growth and driving regional success.
