Details

Last Funding Type

Debt Financing

Last Funding Money Raised

€90M

Industries

Financial Services,FinTech,Mobile Payments

Founded date

Feb 1, 2018

Number Of Employee

501 - 1000

Operating Status

Active

Legal Name

Wave Mobile Money Holdings Inc.

Also Known As

Wave,Wave Mobile Money Group

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.