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About Wafr

We built the money habit we wished we had at twenty-two.

Wafr started in a Riyadh apartment in 2021, when four friends realised none of them could say where their salary went. So we built something that saved first and asked questions later.

Every money app we tried either wanted to sell us a loan or make us feel bad about a coffee. Neither builds a saving habit. We wanted the opposite: something quiet, kind, and honest, that moves small amounts you never miss and celebrates the day you win.

Today Wafr helps more than three hundred thousand people in the Kingdom save toward something real — and your money never leaves your name. We make nothing from your balance and never sell your data. Simple as that.

What we will not compromise on

Your money stays yours

Balances sit in your own insured account. We hold nothing, and we cannot spend a riyal of it.

No selling your data

Your spending is yours to see. We never package it, never sell it, never trade it away.

No hidden fees

The core app is free, forever. Wafr+ is optional and priced in the open, with no traps.

Halal by design

No interest, no lending, no riba anywhere in the product. Reviewed by an independent Shariah board.

Wafr by the numbers

2021founded in Riyadh
340Kactive savers
SAR 210Msaved by the community
4.9App Store rating

The people behind Wafr

FO

Faisal Al-Otaibi

Co-founder · CEO

NH

Noura Al-Harbi

Co-founder · Product

ON

Omar Nassar

Head of Engineering

LS

Layla Sadiq

Head of Trust & Safety

Your first goal is closer than you think.

Download Wafr free, link an account, and let the round-ups start saving today.

4.9 average — 12,000+ ratings

Wafr

The savings app that does the saving for you. Round up, reach your goals, keep every riyal in your name.

Reach us

Support hours

In-app support · Sun–Thu · 09:00 – 21:00 (AST)

© 2026 Wafr — All rights reserved.

Wafr is a savings tool, not a bank. Balances are held in your own insured account.

059Wafr