Wave

Wave Mobile Money is Francophone Africa's first unicorn, providing ultra-low-cost mobile money services to over 29 million users in Senegal and West Africa.

Country
Senegal
Sector
Fintech
Stage
Growth
Founded
2018
Accelerator
Raising
Not Raising

About Wave

Wave Mobile Money is Francophone Africa's first unicorn, revolutionizing financial access with ultra-low-cost mobile money services. Headquartered in Dakar, Senegal, this Fintech startup serves over 29 million monthly users across eight West African markets, addressing the high cost of traditional money transfers. Through its network of 150,000 agents, Wave offers transfer fees as low as 1%, making essential financial services accessible and affordable for millions. Its distinct value proposition lies in its commitment to affordability and widespread reach in a region where financial inclusion is critical.

Funding Rounds

Funding rounds for Wave
Year Round Amount Investors
No funding rounds recorded.