Gwala, a Moroccan financial firm, raises an undisclosed sum in a seed round.

Gwala, a fintech company based in Morocco, has raised an undisclosed amount of money in a pre-seed round led by a group of well-known investors who believe in the company’s goals.

Gwala, founded in 2022, is an innovative fintech startup that offers an on-demand payment solution to Moroccan employees and employers.

Employees in Morocco are paid once a month, which leaves them open to unexpected costs or the need to go into debt to make…