Wafeq وافِق

Wafeq وافِق is an emerging player in the finance technology sector, designed to streamline financial operations for small to medium-sized businesses in the Middle East. Founded in 2019, the company has quickly positioned itself as a pivotal tool for accountants and business founders.

Boasting an intuitive and user-friendly platform, Wafeq caters primarily to accounting and electronic invoicing needs, making it an essential asset in the region's rapidly digitizing financial landscape. Headquartered in Saudi Arabia, the company aspires to be at the forefront of financial management solutions.

In a testament to its potential and market appeal, Wafeq secured a significant $7.50 million Series A investment on 01 December 2024. This round was led by prominent investors, including Wamda Capital, Raed Ventures, 9900, and Gary Turner. These endorsements underscore the company's robust growth trajectory and its promising future in transforming financial services for regional businesses.