About WafR
WafR is a company based in Casablanca (Morocco) founded in 2019. WafR has raised $5.23 million across 5 funding rounds from investors including Plug and Play Tech Center, First Circle Capital and Launch Africa. WafR operates in a competitive market with competitors including Thanx, PayRange, Influitive, FreedomPay and Merryfield, among others.
- Headquarter Casablanca, Morocco
- Stage Minicorn
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Sectors
RetailTechnology Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.23 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Seed
Feb 20, 2026
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Investors
Plug and Play Tech Center
& 8 more
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Employee Count
Not available
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Funding Insights of WafR
WafR has successfully raised a total of $5.23M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in WafR
WafR has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, First Circle Capital and Launch Africa.
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First Circle Capital is focused on investing in African FinTech startups.
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Venture capital fund focused on tech companies
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Investor details for WafR
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Investments & Acquisitions by WafR
Investment portfolio details for WafR
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Financial Statements - WafR
Detailed financials for WafR
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Wafr Comparisons
Peer comparison for WafR
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Competitors of WafR
WafR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thanx, PayRange, Influitive, FreedomPay and Merryfield, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Loyalty management solutions are provided for offline retail stores.
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Mobile payments for vending machines are facilitated via smartphone app.
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Advocate marketing software is provided for B2B technology firms.
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Online payment gateway and MPOS solutions are offered to businesses.
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Loyalty program services are provided to businesses by Merryfield.
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SaaS platform for channel loyalty and incentive management is provided.
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Detailed competitors of WafR
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Latest news on Wafr
Complete news archive for WafR
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Frequently Asked Questions about WafR
WafR was founded in 2019 and raised its 1st funding round 3 years after it was founded.
WafR is headquartered in Casablanca, Morocco.
WafR is a funded company, having raised a total of $5.23M across 5 funding rounds to date.
Founded in 2019 in Casablanca, Morocco, WafR operates in the retail technology sector. A mobile application is offered to enable loyalty programs for offline businesses, particularly large retailers. Users can open accounts, add funds for transactions, sell goods directly, and receive support for queries. The platform is accessible via Google Play Store and App Store, with operations focused on facilitating business dealings in the region.
WafR's top competitors include Thanx, PayRange and Merryfield.
WafR has 9 investors. Key investors include Plug and Play Tech Center, First Circle Capital, Launch Africa, Welovebuzz, and UM6PVentures.
The valuation of WafR is $10.12M as of Nov 2022.