Wayl, Iraqi Online Seller Payment Platform, Secures $150,000 in Pre-Seed Funding

Wayl, Iraqi Online Seller Payment Platform, Secures $150,000 in Pre-Seed Funding

By Staff Writer, 11 February 2024

Wayl, the pioneering payments platform tailored for online sellers in Iraq, has triumphantly secured $150,000 in pre-seed funding from EQIQ Ventures.

Led by Mohamed Al-Hakim, EQIQ Ventures stands at the forefront of venture capital funding, making this investment a pivotal moment for Wayl.

The company aims to empower social media merchants and freelance workers throughout the region.

Notably, this marks the first major investment in an Iraqi startup for the year 2024, following a sluggish fundraising period in 2023.

Source: Zahra Shah / Iraq Tech

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