Foz App Closes USD 533K to Advance Digital Coupon Solutions

Saudi-based Foz App, a digital marketing platform specializing in innovative coupon-based solutions, has successfully raised SAR 2 million in a pre-seed funding round completed in late 2024. This milestone will enable Foz to expand its presence in Saudi Arabia and the region while enhancing its technology and user experience.

Founder and CEO Abdullah Al-Shalahi announced that the funds will be directed toward refining the app’s prototype, improving user engagement, and developing core technologies. Foz also plans to use the funding to expand its partnerships with local and international organizations, bolstering its innovative offerings and increasing its impact in the digital marketing space.

Foz offers businesses marketing tools such as digital coupons with discounts exceeding 50% and a daily auction system that helps companies attract customers, boost sales, and enhance brand visibility. By providing cost-effective solutions, the platform supports businesses in reaching their strategic goals without significant marketing expenses.

With this investment, Foz aims to establish itself as a market leader in the Saudi and regional digital coupon industry, delivering value to both businesses and customers through effective and affordable marketing strategies.

Source: EntArabi