The Moroccan startup WAFR receives start -up finance of 1.5 million US dollars in order to promote financial integration into Morocco. The investment supported by Kili Ventures and 18 global investors will enable the startup founded by Ismail Bargach and Reda Sellak in 2020 to expand their network of small retailers by converting them in financial centers, offering services such as mobile phone systems, money transfers and collections. .
BAFR’s mission is to close the gap in the landscape of financial services in Morocco and to offer essential services for poorly served communities across the country.