Revenue-based financing startups continue to raise capital in MENA, where the model just works

Quick Summary:

In an era where it’s become tougher to raise venture capital, many companies have turned to non-dilutive, Revenue-Based Financing (RBF) as an alternative.

As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water.

CEO and Cofounder Anand Nagaraj told TechCrunch: “We believe this approach helps us in recovering repayments easily as we have a direct relationship with the debtor/payer.

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Article Details

Author / Journalist: Mike Butcher

Category: StartupsBusiness

Markets: United StatesMali

Topics: Financing Rbf Fintech MENA Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 16:13:42 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 700 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24641614

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