Founders: Ahmad Coucha, Khaled Nassef, Sherif Bichara, Kunal Harisinghani
Country: United Arab Emirates
Founded: 2022
Partnered: 2024 / Seed
Status: Active / Seed
Co-Investors: QED, A15

FlapKap is a tech-enabled SME lender that provides fast, flexible, and data-driven working capital to both online and offline businesses across Egypt and the UAE, with plans to expand further across the Gulf. The company turns around loan offers in under 48 hours and maintains healthy default rates through proprietary underwriting and smart repayment structures. Today, FlapKap is scaling a capital-efficient model built for the region’s underserved $50B TAM.

Given our high conviction in the SME lending space, we had met many tackling the same opportunity. None impressed us more than Coucha and his team. We partnered with FlapKap at the seed, drawn to their execution strength and financial discipline, reflected in strong unit economics that demonstrate a robust operational model. Coucha brings valuable entrepreneurial insight, having scaled Kijamii and experienced the same financing pain points FlapKap now solves. With an exceptionally strong founding team, early traction, and backing from global investors like QED, FlapKap is well-positioned to capture this market opportunity.

Visit FlapKap’s Website