Tech Company Financing Transactions
Wafeq Funding Round
Raed VC and Wamda Capital participated in a $3 million Seed funding round for Wafeq. This venture round was announced on 1/25/2023.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Raed VC (Lead Investor)
Proceeds Purpose
Wafeq is now exploring new growth opportunities in Egypt while doubling down on its existing markets as businesses comply with evolving accounting and financial requirements.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Al Sufouh 2
Dubai, Undisclosed
UAE
Dubai, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
Wafeq is a game-changing, modern, and easy-to-use software that powers every finance-related need of small to medium businesses in the Middle East, starting with accounting.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ziad Bizri
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