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Wave

Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, and accepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.

wave.com

Company Details

Founded

2018

Employees

Between 1,000 - 5,000 employees

Raised

Unknown

Public

No

Acquired

No

CEO

Drew DurbinDrew Durbin

Founders

Lincoln Quirk
Lincoln Quirk
Drew Durbin
Drew Durbin

Company Collections

These are collections Wave is a part of. Click on the collection name to view similar companies.

Total Amount Raised:

Wave Funding Rounds

  • Debt Financing

    $137,000,000

    Debt Financing Investors

    RMB - Rand Merchant Bank
    Finnfund
    Norfund
    CDC Group
  • Debt Financing

    90,000,000 EUR

    Debt Financing Investors

    International Finance
    Symbiotics
    Norfund
    responsAbility Investments
    BlueOrchard Finance
    Lendable
    Finnfund
    Pario Ventures
  • Series Unknown

    $10,000,000

    Series Unknown Investors

    Alameda Research
    LoftyInc Capital
    Wuri Ventures
  • Series A

    $200,000,000

    Series A Investors

    Founders Fund
    Ribbit Capital
    Sequoia Heritage
    Stripe
    Partech
    Sam Altman
    International Finance
    BASE CAPITAL (PTY)
Funding info provided by Diffbot.

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