MENA Region Fintech Firm Wafeq Raises $3M via Seed Round Led by Raed Ventures

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai-headquartered company’s seed round was “led Raed Ventures by and saw participation from Wamda Capital, both of which are two of the most prominent names in the region’s early-stage funding ecosystem.” Built for the unmet finance and accounting needs of small and medium businesses in the Middle East, this fundraise “will fuel Wafeq’s entry into Egypt, while

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