Egypt-Based Fintech Waffarha Secures Seven-Figure Seed Round
- Egypt-based fintech Waffarha secures seven-figure seed round investment from Saudi Venture Studio (VMS).
- Funds will be used to enhance technology, hire new talent, and expand into Saudi Arabia and beyond.
- Waffarha, founded in 2012, offers daily deals with big discounts and has a vast network of merchants and stores serving over 5 million customers.
The investment from Saudi Venture Studio is a significant boost for Waffarha, allowing them to strengthen their technology and expand their presence in Saudi Arabia and other markets. With a large customer base and a wide network of merchants, Waffarha has the potential for further growth and success.
