FlapKap assists online stores in maximizing their growth potential by assessing the business and providing inventory funding using AI-based insights and financial data analytics. In October 2022, the fintech startup raised a $3.6 million seed round from QED, Nclude and Outliers Venture Capital. The startup intends to use the funds to expand its capacity in the MENA region, and strengthen its presence in Saudi Arabia, the United Arab Emirates, and Egypt.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 8 Feb 2023 | $3.6M | — | |
| 14 Okt 2022 | $3.6M | — |