💰 Arzan VC has partnered with Ahmad Takatkah to launch Revenya Capital, a revenue-based financing (RBF) firm aimed at supporting tech startups across the MENA region.
⏪ Background: Nearly a decade ago, Ahmad Takatkah helped found the Arzan VC team. He later moved to the US, where he spent three years at Carta before serving as a Venture Partner at KingsCrowd. He also hosts the VC React Podcast.
He also hosts some podcast on the MENA VC ecosystem – must check it out some time 👀
⚙️ Break it down
Revenya Capital provides startups with short-term, non-dilutive funding, allowing them to maintain equity.
Designed for immediate needs like marketing, inventory, events, equipment, and seasonal expenses, the financing offers a flexible alternative to traditional VC funding.
By leveraging AI and machine learning, Revenya Capital can deliver rapid, data-informed financing decisions.
The firm is targeting high-growth startups with predictable revenue streams, offering 3 to 9-month loans between $50,000 and $500,000 with a fixed monthly fee of 1.5%-2.5% and repayment rates of 5%-20% of monthly revenue.
🔮 Flashforward
As one of only a few firms offering RBF in MENA, alongside companies like Erad, Capifly, FlapKap, and Flow48, Revenya Capital aims to collaborate with these players to expand access to non-dilutive financing options.