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Wafeq

Fintech · Dubai, United Arab Emirates · Founded 2019

Wafeq is an easy-to-use accounting software that empowers SMEs to run their business better MoreLess

Wafeq is a comprehensive business management software designed to streamline various business operations for companies at any stage of their growth. The platform serves a diverse range of clients, from startups to established enterprises, across multiple industry sectors. Wafeq operates in the business software market, providing tools for invoicing, payroll, expense claims, inventory management, and financial reporting.

The business model is based on a subscription service, offering a 14-day free trial to attract new users. The company generates revenue through subscription fees paid by businesses that continue using the platform after the trial period. Wafeq's software allows users to send invoices, manage payroll, handle employee expense claims, and generate over 30 types of financial reports, all from a single platform. The software also includes features like built-in chat for team communication and multi-organization support, making it a versatile tool for business management.

Wafeq's user-friendly interface and extensive permission controls make it easy for businesses to manage access and ensure data security. The platform is trusted by over 7,000 companies and has received positive feedback for its efficiency and comprehensive feature set.

Keywords: business management, invoicing, payroll, expense claims, financial reports, inventory management, subscription service, multi-organization support, team communication, data security.

Valuation $0–100M
Revenue $10–50M
Headcount <100
Total funding $10–50M
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Wafeq and the history behind them.

Talent graph

Wafeq's talent

Book a demo to see the people
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

3 investors on Wafeq's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Series A 1 investor entered at this stage
Gary Turner

Global footprint

Where Wafeq has talent and traffic

Workforce by country
11 countries with
team presence
🇦🇪 United Arab Emirates32.2%
🇱🇧 Lebanon23.7%
🇸🇦 Saudi Arabia11.9%
🇯🇴 Jordan8.5%
🇪🇬 Egypt8.5%
Top 5 of 11 shown

Market sentiment

What the market is saying about Wafeq

An AI-synthesized read of the highest-engagement posts about Wafeq on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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