Telr and FlapKap partner to offer instant capital loans for merchants

By Delisha Fernandes

Telr, an online payment gateway, has collaborated with FlapKap, a revenue-based financing platform in the MENA region.

The partnership between Telr and FlapKap brings many benefits to Telr merchants, including fast approvals and funds in just 48 hours, ensuring quick access to growth funds without obtaining any equity while being Sharia compliant.

Further, the revenue-based payback structure eliminates the need for collateral, providing flexibility and peace of mind. Also, through the dashboard, businesses gain valuable tools to manage their funds and track their performance effectively. In addition to these benefits, merchants will gain exclusive access to a team of experts with international experience to guide them through their journey.

Khalil Alami, Founder & CEO of Telr, said, “By joining forces with FlapKap, we are providing a new financing program for our merchants, revolutionising how they access financing. SMEs are widely recognised as the driving force behind economic growth in countries worldwide. When we first launched the Telr Finance program during the challenging times of the pandemic, we understood that sufficient funding is key to helping enterprises to thrive.”

In addition to seamless payment solutions, and financial funds, the company offers a wide range of business services specifically designed to support e-commerce businesses, which makes it a reliable and efficient partner.

Ahmad Coucha, Founder and CEO FlapKap, said, “UAE is at the heart of SME growth and a key market for FlapKap. We are excited to partner with Telr to bring our innovative fast, flexible, and insightful funding options to all Telr merchants starting today. We aim to empower digitally native businesses to unlock value through effective working capital funding options.”