WaffarX, the first-ever cash back website in the MENA region, secures Seed Funding.

September 01 23:06 2021
WaffarX, based in Egypt, uses cutting-edge technology to distribute cash back rewards that transform everyday transactions into savings for customers and more sales for brands. The new investment will be used to further enhance the WaffarX platform and drive both user acquisition and local merchant expansion.

WaffarX is a website & mobile app connecting customers in MENA and beyond to cashback rewards, coupons and promo codes when they shop online at more than 260 tier one merchants, global brands, and regional favorites like booking.comAmazon UAEAmazon Saudi ArabiaAliExpress, and Jumia Egypt.

Since launching the first cashback website in the MENA region in May 2018, WaffarX has revolutionized the way brands engage with customers. By harnessing the power of cashback rewards, WaffarX is cultivating a new, needed form of loyalty where brands and consumers both benefit. 

“Loyalty incentives are now expected by consumers. Retailers need to rethink their approach and offer customer-first solutions with tangible benefits that require less work to achieve. This is where WaffarX comes in,” says Ezz Fayek, founder & Chief Executive Officer of WaffarX.

WaffarX goes above and beyond to make sure customers come first. In 2020, after listening to user feedback, WaffarX launched a browser extension (the X Button), which alerts users to available coupons and cashback offers while they browse online. This year, the company unveiled a new, improved mobile app design with an enhanced interface that’s more user-friendly.

While typical offers on competing platforms are anywhere from 1% to 5% cashback, WaffarX leads the way by offering members exclusive coupons, promo codes, and up to 40% cashback. To start saving, shoppers simply need to sign up to WaffarX, which is free. Once registered, members will receive a $2.50 Welcome Bonus on their WaffarX account.

Members can explore a wide array of product categories on WaffarX, including Ladies and Men’s Fashion, Travel and Trips, Health and Beauty, Bags and Shoes, Electronics and Computers, Home, Gardens and Equipment, Children and Games, Sports, and Office Equipment. 

Once ready to make a purchase, members can click on any offer or store advertised to be redirected to the selected merchant’s website. Cashback will be applied to all orders originating from the WaffarX platform and will be added automatically to members’ WaffarX accounts once the order status is confirmed by the merchant.

In addition to cashback rewards, members can browse WaffarX to keep up with the latest deals, coupons and promo codes, like Jumia discount coupons, prices starting from 100 EGP at brands like iHerb, Yashry, and Noon, and other exclusive discounts at sites like Namecheap and GoDaddy. 

Those looking to take their online shopping experience to the next level can check out WaffarX’s website or download the app to get started. 

Media Contact
Company Name: WaffarX
Contact Person: Natalie Lehr
Email: Send Email
Country: Egypt
Website: https://www.waffarx.com

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