Wave Mobile Money

📍 Dakar, Senegal🗓 Founded 2017👥 3,374 employees💰 Last funded Apr 2022
Financial Services🌐 wave.com
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Were making Africa the first cashless continent. In 2017, nearly 60% of adults in sub-Saharan Africa had no bank account. Thats for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash. Were solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads dont always work, you can still send money with Wave. In November 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. In 2019, we expanded to Cote DIvoire. Now, we have millions of users and are growing fast. Our goal is to drive financial inclusion and make Africa the first cashless continent.
5
Total investors
3
Early stage
2
Mid stage
0
Late stage
2017
Founded

Investors

5 investors
All
Early stage
Mid stage
Late stage
Investor geography4 countries
United States
2
Canada
1
United Kingdom
1
Switzerland
1
Investor activity2014–2022 · investors recorded per year
20142201812021120221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Wave Mobile Money?
Wave Mobile Money has 5 investors on record on gritt.io, including 3 early-stage backers, 2 mid-stage.
When did Wave Mobile Money last raise funding?
The most recent investment in Wave Mobile Money recorded on gritt.io was in April 2022.
When was Wave Mobile Money founded?
Wave Mobile Money was founded in 2017.
What industry is Wave Mobile Money in?
Wave Mobile Money operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Wave Mobile Money based?
Wave Mobile Money is headquartered in Dakar, Senegal.