Insights

Rapid Market Expansion Wave Mobile Money has demonstrated strong growth potential with recent partnerships and expansions into multiple African markets including Cote d'Ivoire, Cameroon, and Nigeria, indicating a promising opportunity for vendors offering solutions across emerging markets and regional payment integration services.

Innovative Payment Solutions The launch of virtual payment cards and the formation of a fully licensed bank highlight Wave's commitment to providing versatile and modern financial products, creating opportunities to offer digital banking infrastructure, security solutions, or fintech integration services to enhance their product offerings.

Financial Inclusion Focus Wave’s core mission to drive financial inclusion across Africa suggests opportunities for sales of affordable banking technology, microfinance solutions, credit scoring systems, and mobile-enabled financial products tailored for unbanked and underbanked populations.

Strong Financial Backing With significant funding of $137M and a debt facility of over €117 million from prominent investors such as Rand Merchant Bank, there is a high likelihood of budget availability for enterprise technology upgrades, infrastructure development, and user engagement solutions.

Technology Adoption Momentum Wave’s integration of multiple modern technologies and partnerships with global payment networks like Visa positions it as a strategic client for fintech APIs, security solutions, and advanced data analytics services aimed at scaling and safeguarding digital operations in diverse markets.

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 February 2026, Wave Mobile Money has approximately 4.8K 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 February 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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