WA
Startup Series A B2C

Wave

Mobile money for Africa

Senegal , Dakar Founded 2018 501-1000 Website
Total Raised$200,000,000
StageSeries A
Users10M+ users
Operating Since2018 (8y)

About Wave

Wave is a mobile money platform that provides free person-to-person transfers and low-cost merchant payments in West Africa. Originally spun off from Sendwave, Wave has disrupted traditional mobile money by offering significantly lower transaction fees than incumbents, rapidly gaining market share in Senegal and Cote d'Ivoire.

Funding

Total Raised$200,000,000
Last Round$200,000,000Series A · Sep 2021

Investors

Sequoia HeritageStripeFounders FundRibbit CapitalPartech Africa

Leadership & Team

Traction & Recognition

Users10M+ users

Contact

Quick Facts

CountrySenegal
Founded2018
TypeStartup
ModelB2C
Team Size501-1000

Operating In

SenegalCote d'IvoireMaliBurkina FasoUgandaCameroon