4 years ago

WaffarX Secures Multi-Million Dollar Investment Led by Lobby Capital

  • Egypt-based cashback shopping service WaffarX has secured a multi-million dollar funding round led by Silicon Valley venture capital firm Lobby Capital

  • This marks Lobby Capital's first investment in the MENA region

  • WaffarX, founded in 2018, provides a platform for shoppers to earn cashback rewards and for brands to reach consumers directly

  • The investment will fuel WaffarX's platform expansion, user acquisition, and entry into new markets within the MENA region.

      • ProblemTechnology Infrastructure

      "Consumers are looking for ways to save money on their purchases, and brands are looking for cost-effective ways to reach customers."

      Solution

      "WaffarX provides a cashback shopping service that helps consumers save money on their purchases and helps brands reach customers directly."

      Covered on