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#Karmen secures .4 million for its revenue-based financing products
  • Technology

#Karmen secures $9.4 million for its revenue-based financing products

Admin1 year ago05 mins

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel…

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

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

Admin2 years ago06 mins

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. The…

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