Insights

Rapid Market Growth Wave Mobile Money is experiencing fast expansion across multiple African markets, including recent launches in Cameroon and Côte d'Ivoire, providing opportunities to offer customized financial technology solutions tailored to each country's unique needs.

Strategic Partnerships The company's partnerships with Visa, Ecobank, and major development finance institutions indicate openness to integrating advanced digital payment solutions and financial products, opening doors for vendors offering virtual cards, banking APIs, and digital banking infrastructure.

Regulatory Innovation Wave’s move to establish WAVE BANK AFRICA S.A. shows a shift towards becoming a licensed bank, creating potential sales opportunities in core banking systems, compliance solutions, and core infrastructure to support banking operations.

Financial Inclusion Focus With a mission to make Africa the first cashless continent and millions of users already leveraging mobile money, there are significant opportunities to introduce new fintech tools, value-added services, and financial management solutions that increase user engagement and transaction volume.

Funding and Capacity Wave’s substantial funding of $137M and recent debt facilities from international investors suggest readiness for scale and investment in advanced technology, providing avenues for vendors offering scalable cloud infrastructure, security, and integrated payment platforms to support growth.

Similar companies to Wave Mobile Money

Wave Mobile Money Tech Stack

Wave Mobile Money uses 8 technology products and services including Microsoft Excel, Modernizr, jQuery, and more. Explore Wave Mobile Money's tech stack below.

  • Microsoft Excel
    Editors
  • Modernizr
    Javascript Libraries
  • jQuery
    Javascript Libraries
  • Microsoft
    Miscellaneous
  • Stripe
    Payment Processing
  • Kotlin
    Programming Languages
  • BambooHR
    Recruitment Marketing
  • Google
    Search Engines

Media & News

Wave Mobile Money's Email Address Formats

Wave Mobile Money uses at least 1 format(s):
Wave Mobile Money Email FormatsExamplePercentage
FLast@wave.comJDoe@wave.com
84%
First@wave.comJohn@wave.com
8%
FirstLast@wave.comJohnDoe@wave.com
7%
FirLast@wave.comJohDoe@wave.com
1%

Frequently Asked Questions

Where is Wave Mobile Money's headquarters located?

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Wave Mobile Money's main headquarters is located at Keur Massar, Dakar 00000 Senegal. The company has employees across 5 continents, including AfricaEuropeNorth America.

What is Wave Mobile Money's official website and social media links?

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Wave Mobile Money's official website is wave.com and has social profiles on LinkedInCrunchbase.

What is Wave Mobile Money's NAICS code?

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Wave Mobile Money's NAICS code is 52 - Finance and Insurance.

How many employees does Wave Mobile Money have currently?

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As of March 2026, Wave Mobile Money has approximately 5K employees across 5 continents, including AfricaEuropeNorth America. Key team members include Ceo: R. M.Cto & Ciso: R. C.Cpo: K. K.. Explore Wave Mobile Money's employee directory with LeadIQ.

What industry does Wave Mobile Money belong to?

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Wave Mobile Money operates in the Financial Services industry.

What technology does Wave Mobile Money use?

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Wave Mobile Money's tech stack includes Microsoft ExcelModernizrjQueryMicrosoftStripeKotlinBambooHRGoogle.

What is Wave Mobile Money's email format?

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Wave Mobile Money's email format typically follows the pattern of FLast@wave.com. Find more Wave Mobile Money email formats with LeadIQ.

How much funding has Wave Mobile Money raised to date?

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As of March 2026, Wave Mobile Money has raised $137M in funding. The last funding round occurred on Jun 30, 2025 for $137M.

When was Wave Mobile Money founded?

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Wave Mobile Money was founded in 2017.

Wave Mobile Money

Financial ServicesDakar, Senegal1001-5000 Employees

We're making Africa the first cashless continent.

In 2017, nearly 60% of adults in sub-Saharan Africa had no bank account. That's 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.

We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't 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 D'Ivoire. Now, we have millions of users and are growing fast. 
Our goal is to drive financial inclusion and make Africa the first cashless continent.

Section iconCompany Overview

Headquarters
Keur Massar, Dakar 00000 Senegal
Website
wave.com
NAICS Code
52 - Finance and Insurance
Founded
2017
Employees
1001-5000

Section iconFunding & Financials

  • $137M

    Wave Mobile Money has raised a total of $137M of funding over 6 rounds. Their latest funding round was raised on Jun 30, 2025 in the amount of $137M.

  • $50M$100M

    Wave Mobile Money's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $137M

    Wave Mobile Money has raised a total of $137M of funding over 6 rounds. Their latest funding round was raised on Jun 30, 2025 in the amount of $137M.

  • $50M$100M

    Wave Mobile Money's revenue is estimated to be in the range of $50M$100M

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