Acquisition FinTech MEGA DEAL
$500M

Sendwave

Kenya August 2021 East Africa

About this Deal

WorldRemit acquired Sendwave for approximately $500M.

Investors

Lead: WorldRemit

WorldRemit (now Zepz)

Deal Details

Amount$500M
TypeAcquisition
InstrumentEquity
SectorFinTech
FounderMale-led
StatusClosed

Company

SE
Sendwave
Startup · New York

Other Companies in this Market

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Corporate
TPS Eastern Africa PLC (Serena Hotels) Refreshingly Serena
Kenya
Corporate
Standard Group PLC Kenya's oldest newspaper since 1902
Kenya
Corporate
Naivas Limited Saves you money
Kenya
Corporate
Comcraft Group / Safal Group Kenya Industrial excellence from Kenya to the world
Kenya
Corporate
Jubilee Holdings Limited East Africa's leading insurer since 1937
Kenya
Corporate
Nation Media Group The media of record for East Africa
Kenya

People in this Space

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AK
Aga Khan Development Network Founder @ Jubilee Holdings Limited
Kenya
AM
Alibhai Mulla Jeevanjee Founder @ Standard Group PLC
Kenya
AK
Aga Khan IV (Prince Karim Al-Hussaini) Founder @ Nation Media Group
Kenya
AK
Aga Khan IV (Prince Karim Al-Hussaini) Founder @ TPS Eastern Africa PLC (Serena Hotels)
Kenya
GS
Gurcharan Singh Vohra Founder @ Sarova Hotels & Resorts
Kenya
JK
John Kinuthia Founder @ Quickmart Limited
Kenya

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