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Wave Funding & Investors

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 β€” 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

Total Amount Raised:

Wave Funding Rounds

  • Debt Financing

    91,658,655 EUR

    Debt Financing Investors

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

    $10,000,000

    Series Unknown Investors

    Alameda Research
  • Series A

    $200,000,000

    Series A Investors

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