Wafii Asset Profile

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Year established

2019

Location

Amman Jordan

Primary Industry

Financial Services

About

Based in Amman, Jordan, and founded in 2019, Wafii operates as a fintech company that allows its users to earn crypto rewards loyalty points, bank points including debit cards, credit cards, and payments transfer to merchants. In October 2022, GMS Holdings led seed funding for Wafii, with participation from individual investors. As of October 2022, the company operates in UAE and Jordan and is led by its CEO Nassib Barakat. Wafii offers a loyalty and payments platform available on iOS and Android devices where users can earn loyalty points as well as accumulate cryptocurrencies. The users of the Wafii Card can create an account, link their card, and shop and earn at least 1% Bitcoin back on transactions and up to 20% on partner brands such as Heroes, CRUMZ, Unlilabs, Theftbar, Ounass, Level Shoes, H&M, 6th Street, and more. The company plans to use the seed funding to launch a crypto cashback platform in the UAE.

Current Investors

GMS Holdings

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Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting Services, Web Applications, Accounting/Finance Software

Website

https://wafii.co/

Verticals

Blockchain, FinTech, FinTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

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Employee Data

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