Waffarha.com Secures Seven-Figure Seed Round from Saudi VMS

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Summary

Waffarha, translating to "Save it" in Arabic, offers daily deals with discounts ranging from 50% to 90%.Founded by Tarek Magdy and Noha Hamdy in October 2012, Waffarhas discounted coupons span various sectors, including Food and beverage, entertainment, health and beauty, hotels and resorts, with over 1,000 merchants and 3,000 stores catering to the needs of over 5 million customers.The partnership with VMS will facilitate Waffarha.coms expansion into Saudi Arabia.In recent years, Waffarha has expanded its offerings to include bill payment services and introduced an "Offers Marketplace Aggregation Service" that enables users to purchase discounted vouchers across multiple platforms.

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