WaffarX
Save money on every purchase with real cash back
Cairo, Egypt · Founded 2018 · $230K raised
- Headquarters
- Cairo
- Employees
- 11–50
- Founded
- 2018
- Business Model
- Marketplace
- Website
- waffarx.com
- Total Funding
- $230K
- Last Round
- $230K SeedMar 2022
- Rounds
- 2
About
WaffarX is MENA's first cashback and rewards platform, connecting shoppers with cash-back offers, coupons, and promotions from hundreds of online and in-store merchants across the region. Founded in May 2018 in Cairo, Egypt, by Ezz Fayek, Mahmoud Montasser, and Ahmed Kamal, WaffarX allows members to earn real cash — not points — which is paid out every quarter through multiple withdrawal methods suited to the MENA market. The platform serves as a performance-marketing channel for brands, driving incremental customer acquisition and loyalty while helping consumers save money on everyday purchases.
Summary
WaffarX is an E-Commerce company based in Cairo, Egypt, founded in 2018. It has raised $230K in total across 2 rounds, most recently a $230K Seed round in Mar 2022. Investors include A15 and lobby capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Mar 2022
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Seed — per-round amounts, valuations, and who invested in each round.
Investors
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