Source: Venture Burn
Wasla, a Cairo-based startup that has developed an incentivised mobile browser that rewards users with free mobile internet has raised $1-million in seed funding.
Egypt’s Waya Media reported yesterday in a post on Facebook that the investors involved in the round include Egypt Ventures, Glint Ventures and Ebtikar for Financial Investments.
Wasla’s browser rewards users with points based on their engagements. Users can then redeem their points for free airtime directly from the browser’s wallet.
Tech publication Menabytes reported in an articleyesterday that Wasla — which also enables brands to serve its users with targeted ads — also provides services that include affiliate marketing and field research.