Wayl Raises $150K in Pre-Seed Funding

Funding Rounds

▤ Summary

Wayl, a Baghdad, Iraq-based provider of a payments platform for online sellers, raised $150K in Pre-Seed funding. The round was led by EQIQ Ventures. The company intends to use the funds to expand operations and its development efforts. Founded in 2021 by Ali Ismail, Wayl provides small merchants and self-employed contract workers with a payments platform to manage orders, inventory, and payment processing without complex onboarding procedures or payment gateway agreements.

$ Funding

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Amount $150.0K Total raised
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Date May 27, 2025 Announcement date
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Investors - Lead investors
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Company - Funded company

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