Insights

Open Banking Momentum Waave is actively expanding its open banking and Pay by Bank offerings, including biometrically secured wallets and recent launches in 2024. This signals strong potential for partnerships with banks, fintechs, and retailers seeking modern, secure payment experiences.

Retail Integration Strategic partnerships with Chemist Warehouse and Gr4vy indicate a focus on large merchants and omnichannel deployment. This presents opportunities to upsell to retailers seeking open banking checkout and wallet solutions for high-traffic environments.

Biometric Security Focus Biometric access for payments underscores a priority on secure, user-friendly experiences. Prospects include sellers in regulated or security-conscious sectors (healthcare, pharmacy, fintechs) that value frictionless verification and reduced fraud.

Early Stage Growth Funding of 4.7M USD and revenue under 1M suggest a nimble, high-growth fintech with capacity for scalable partnerships, co-development opportunities, and pilot programs with willing customers and ecosystems.

Global Pay Evolution Waave emphasizes transforming payments beyond card-dominated systems, aligning with market trends toward open banking and wallet-first payments. This aligns with enterprise buyers seeking modernized payment rails and cost efficiencies, offering a pathway for enterprise pilots and integration deals.

Similar companies to Waave

Waave Tech Stack

Waave uses 8 technology products and services including AdRoll, Hotjar, Linkedin Insight Tag, and more. Explore Waave's tech stack below.

Media & News

Waave's Email Address Formats

Waave uses at least 2 email formats:
Waave Email FormatsExamplePercentage
First.Last@waave.comJohn.Doe@waave.com
83%
First@waave.comJohn@waave.com
17%

Frequently Asked Questions

What is Waave's official website and social media links?

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Waave's official website is waave.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Waave generate?

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As of August 2026, Waave's annual revenue is estimated to be <$1M.

What is Waave's NAICS code?

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Waave's NAICS code is 52 - Finance and Insurance.

How many employees does Waave have currently?

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As of August 2026, Waave has approximately 3 employees across 1 continents, including Oceania. Key team members include Advisory Board Member: M. B. B. Explore Waave's employee directory with LeadIQ.

What industry does Waave belong to?

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Waave operates in the Financial Services industry.

What technology does Waave use?

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Waave's tech stack includes AdRoll, Hotjar, Linkedin Insight Tag, Amazon Web Services, Cloudinary, Segment, Google Workspace and Webflow.

What is Waave's email format?

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Waave's email format typically follows the pattern of First.Last@waave.com. Find more Waave email formats with LeadIQ.

How much funding has Waave raised to date?

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As of August 2026, Waave has raised $4.7M in funding. The last funding round occurred on May 19, 2023 for $4.7M.
Waave logo

Waave

Financial ServicesNew South Wales, Australia2-10 Employees

Waave is a Sydney-based financial services company that develops open banking payment technology, including a biometrically secured wallet and a Pay by Bank solution. The offerings are designed to replace or augment traditional card-based payments by delivering a simpler and more secure checkout experience. The company has partnered with retailers and payments platforms to broaden adoption, including a collaboration with Chemist Warehouse to deploy an open banking checkout across its stores and a tie-in with Gr4vy to reach major merchants. In 2024, Waave introduced the Waave Wallet, a biometrically secured wallet for paying by bank in Australia.

Waave operates with a small team based in Sydney and serves merchants seeking open banking payments and wallet-enabled transactions. Its recent activity through 2023 and 2024 reflects an emphasis on expanding acceptance of Pay by Bank and wallet-based payments within Australian retail networks.

Section iconCompany Overview

Website
waave.com
NAICS Code
52 - Finance and Insurance
Employees
2-10

Section iconFunding & Financials

  • $4.7M

    Waave has raised a total of $4.7M of funding over 1 rounds. Their latest funding round was raised on May 19, 2023 in the amount of $4.7M as a Seed.

  • <$1M

    Waave's revenue is estimated to be in the range of <$1M

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