WafR - About the company
WafR is a seed company based in Casablanca (Morocco), founded in 2019. It operates as a Platform offering loyalty solutions for offline businesses. WafR has raised $5.22M in funding from investors like UM6PVentures, Launch Africa and Al Mada Ventures, with a current valuation of $*****. The company has 1255 active competitors, including 137 funded and 99 that have exited. Its top competitors include companies like Square, Capillary Technologies and Clip.
Company Details
Platform offering loyalty solutions for offline businesses. It offers an application based platform to offer loyalty solutions for large retailers. The application allows users to open a grocery account and add funds to use in their business dealings. It also allows them to start selling goods on the platform itself and helps with all types of queries and questions. The solution enables users to increase market share, sales volume, and profit by guiding consumer choice. Its mobile application can be downloaded on Google Play Store and App Store.
- Website
- www.wafr.co/
- Email ID
- *****@wafr.co
- Phone Number
- +212 **********
Key Metrics
Founded Year
2019
Location
Casablanca, Morocco
Stage
Seed
Total Funding
$5.22M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 15, 2022
Investors
Ranked
41st among 1255 active competitors
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WafR's funding and investors
WafR has raised a total funding of $5.22M over 5 rounds. Its first funding round was on Feb 18, 2022. Its latest funding round was a Seed round on Feb 20, 2026 for $*****. 5 investors participated in its latest round. WafR has 10 institutional investors.
Here is the list of recent funding rounds of WafR:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 20, 2026 | 6207109 | Seed | 8808789 | 2900801 | 8953204 | 9706161 |
Nov 08, 2022 | 3923691 | Seed | 5245151 | 3210743 | 2496726 | |
Jun 06, 2022 | 4268379 | Seed | 6281805 | 5217749 |
View details of WafR's funding rounds and investors
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WafR's Competitors and alternates
Top competitors of WafR include Square, Capillary Technologies and Clip. Here is the list of Top 10 competitors of WafR, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 85/100 | |
2nd | Capillary Technologies 2008, Bengaluru (India), Public | AI powered loyalty management software for enterprises | $144M | 81/100 | |
3rd | Provider of point-of-sale terminals and digital payment solutions for businesses | $497M | 74/100 | ||
4th | Yoco 2015, Cape Town (South Africa), Series C | Provider of point-of-sale systems, card machines, and online payment solutions | $107M | 72/100 | |
5th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 70/100 | |
6th | DNA Payments 2018, London (United Kingdom), Series D | Provider of omnichannel payment solutions, including terminals, online payments, and ePOS | $141M | 69/100 | |
7th | Provider of digital payment solutions, including POS devices and online services | - | 69/100 | ||
8th | Quotient 1998, Cincinnati (United States), Acquired | Platform offering ad campaign management software | $250M | 68/100 | |
9th | Thanx 2012, San Francisco (United States), Series C | Provider of loyalty management solution for offline stores | $23.1M | 67/100 | |
10th | Provider of payment acceptance devices, estate management, and commerce enhancing solutions | - | 67/100 | ||
41st | Platform offering loyalty solutions for offline businesses | $5.22M | 55/100 |
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WafR's Investments and acquisitions
WafR has made no investments or acquisitions yet.
Reports related to WafR
Here is the latest report on WafR's sector:
News related to WafR
Media has covered WafR for 1 event in last 1 year.
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Moroccan fintech WafR secures $4M to expand merchant‑driven digital paymentsInnovation-village•Feb 20, 2026•Al Mada Ventures, LoftyInc Capital, WafR, Attijariwafa Bank and 3 others
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WafR, a Moroccan retail tech start-up, is now worth $10 millionTech In Africa•Dec 01, 2022•First Circle Capital, WafR
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Morocco’s WafR closes $1.075 million to expand its network of partner grocersTechMoran•Jun 06, 2022•WafR, Launch Africa, First Circle Capital, Welovebuzz and 1 other
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Moroccan retail-tech startup WafR raises $278k funding to add more grocers to platformDisrupt Africa•Apr 12, 2022•WafR, UM6PVentures, Plug and Play Tech Center
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Waspito, a Cameroonian e-health startup, has raised $2.7 million in seed fundingTechgist Africa•Apr 04, 2022•Waspito, Launch Africa, Newtownpartners, Bamboo Capital Partners and 6 others
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