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WafR Raises USD 4 M Seed to Scale Embedded Retail Finance in Morocco, co-led by LoftyInc Capital and Attijariwafa Ventures.

PRIVATEFeb 20, 2026

Amount Raised

$4 Million

Round Type

Seed

CasablancaFinancial ServicesFintechLending

Investors

LoftyInc CapitalAl Mada VenturesAttijariwafa Ventures

Description

WafR, a Casablanca-based retail fintech, has raised an oversubscribed USD 4 M seed round. The startup transforms small neighbourhood stores into digital financial hubs. The latest funding will support network expansion and product diversification. WafR aims to target Morocco’s USD 16.5 B financial services market.

Quick answer

WafR raised $4 Million in a Seed round, dated February 20, 2026. Investors: LoftyInc Capital, Al Mada Ventures and Attijariwafa Ventures. WafR is based in Casablanca, Casablanca Settat, Morocco.

How much did WafR raise?
WafR raised $4 Million in a Seed round on February 20, 2026.
Who invested in WafR?
LoftyInc Capital, Al Mada Ventures and Attijariwafa Ventures are named as investors in this round.
What does WafR do?
WafR is a retail fintech based in Casablanca, founded in 2021 by Ismail Bargach and Reda Sellak.
Where is WafR based and how big is it?
WafR is based in Casablanca, Casablanca Settat, Morocco.
Who are the decision-makers at WafR?
Fundz holds 1 contact at WafR, including the Co-Founder & CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as WafR that raised within 45 days of this round, from Fundz verified event records.

  • PIMCO Asset-Based Lending Company raised $880K (Seed) on April 1, 2026.
  • Valinor Digital raised $25M (Seed) on March 31, 2026.
  • Galdera Labs raised $1.7M (Pre-Seed) on March 27, 2026.
  • Uncia raised $3M (Seed) on March 27, 2026.
  • Chexy raised $11M (Series A) on March 25, 2026.
  • Zalos raised $3.6M (Seed) on March 24, 2026.

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Company Information

Company

WafR

Location

Casablanca, Casablanca Settat, Morocco

About

WafR is a retail fintech based in Casablanca, founded in 2021 by Ismail Bargach and Reda Sellak. The startup transforms small neighbourhood stores into digital financial hubs, enabling mobile top-ups, remittances, and cash-in/cash-out services. With nearly 20,000 active merchants and significant month-on-month growth in transactions, WafR is positioned to play a key role in Morocco's financial services market. The company aims to support product diversification and network expansion.

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Related People

1 contact
Verified contactsReda S., Co-Founder & CTOSee plans and pricing
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WafR raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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