Next-Level Restaurant Management: Sapaad and FlapKap's Synergistic Approach

To change the landscape of restaurant management and financing in the UAE, Sapaad, a restaurant management solution provider, has announced a collaboration with FlapKap, a financing platform based in the MENA region.

The primary objective of this partnership is to provide enhanced support to both new and existing users of Sapaad, specifically targeting restaurateurs and small to medium-sized restaurant businesses within the UAE. The joint effort aims to expedite the process of securing fast and flexible funding offers, with a commitment to delivering these offers within an impressive 48-hour timeframe.

In the context of the fast changing global economic scenario, SMEs play an important role, especially in big hubs like the Emirates. The UAE, witnessing a doubling in the number of young residents dining out in the last five years, presents a lucrative and high-potential sector for entrepreneurs in the restaurant industry. The Dubai Chamber of Commerce forecasts an annual growth rate of 4.89 percent (CAGR 2024-2028) in the UAE restaurant market, with diverse cuisines, unique dining experiences, and unique concepts leading the growth in the SME sector. Despite this outlook, acquiring working capital for restaurant operations remains a challenging, lengthy, and intricate process.

Sapaad, is already positioned as a key solution for effectively running and growing restaurant businesses in the industry. Specialising in streamlining restaurant operations and facilitating online business growth, Sapaad provides a suite of world-class software experiences that grant establishments greater control and visibility over crucial aspects such as sales trends and staff performance.

The collaboration with FlapKap extends beyond traditional restaurant management, offering unique funding solutions for SME restaurant businesses in the UAE. Through the FlapKap app, restaurant owners can seamlessly access working capital funding, addressing critical needs such as inventory purchasing, small capital expenditures, renovations, uplift, and rent payments.

Ahmad Coucha, Co-Founder and CEO of FlapKap, expressed his enthusiasm about the partnership, stating, "Our partnership with Sapaad will add tremendous value to the restaurant ecosystem. It's the first time in the region that a best-in-class Restaurant Management Solutions provider and an innovative Revenue-Based-Funding solution have come together."

Vishnu Vardhan, Co-Founder and CEO of Sapaad, emphasised the significance of the partnership, stating, “Our partnership with FlapKap marks a significant milestone in our mission to empower restaurants across the region. By integrating Sapaad's cutting-edge, world-leading POS technology with FlapKap's innovative funding solutions, we're revolutionising how restaurants manage their operations and access capital."

This collaboration marks a commitment to delivering solutions that address the evolving needs of customers, ensuring their success in an increasingly competitive market landscape.