Flow48 funding news – Flow48 Secures $69Million in Series A Round Funding

Flow48, based in Turkey, provides revenue-based financing to SMEs. Using data analytics and AI, it offers fast and flexible access to capital without needing equity or traditional collateral. The platform connects with payment systems and financial data to assess a business’s performance and offer financing options based on real-time data.

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It aims to close the funding gap for SMEs, helping them grow while staying financially stable. The company will now focus on expanding into the Middle East and Africa, with plans to enter Saudi Arabia, a large economy with an underdeveloped SME market.

With the new funding, Flow48 also plans to improve its platform by adding new features, using alternative data sources, and enhancing risk assessment tools to offer better financial solutions for SMEs.

Idriss Al Rifai, CEO & Co-Founder of Flow48 said, “We’ve seen tremendous progress in the SME lending landscape, and this additional funding allows us to enhance our services even further, SMEs are the backbone of every economy. They create 90 percent of jobs and contribute to 50% of GDP yet they remain under-supported. We’re deeply committed to bridging this gap and fostering sustainable growth.”

Ben Marrel, CEO & Founding Partner at Breega, added: "It’s an honor to lead Flow48’s Series A. The team’s ability to consistently deliver on their ambitious roadmap is remarkable demonstrating both vision and execution. Their innovative approach to SME financing is reshaping the lending landscape in the GCC unlocking capital for businesses that are the backbone of the region’s economy. We are proud to support Flow48 in scaling their impact and driving financial inclusion across the market."

About Flow48

Flow48 is a fintech company in the Gulf Region and South Africa that helps small and medium-sized businesses (SMEs) grow by turning future earnings into upfront cash with flexible terms. They believe businesses should have control over their finances.