WafR
About
A Moroccan fintech that digitises transactions at corner stores ('hanouts'), turning them into distribution nodes for airtime sales, bill payments, and future peer-to-peer and remittance services.
Founders
Recent News
Morocco’s WafR Raises $4 Million in Seed Funding Led by LoftyInc Alpha - إنت عربي
Morocco-based fintech WafR raised $4 million in a seed round led by LoftyInc Alpha to expand its digital payments footprint via a network of ~20,000 neighborhood merchants and to roll out P2P and remittance services.
WafR Secures Oversubscribed $4M Funding Round to Expand Financial Inclusion in Morocco
Moroccan fintech WafR closed an oversubscribed $4 million seed round led by LoftyInc Capital, Attijariwafa Ventures and Almada Ventures to scale a network of nearly 20,000 corner stores (hanouts) as digital financial access points. The startup currently processes airtime sales and bill payments and plans to roll out peer-to-peer transfers and nationwide remittances.