Insights

Market Penetration Wave Money operates the largest mobile financial services network in Myanmar with coverage across 90 percent of the country and over 35 million customers, indicating significant market reach and potential for expansion into underserved regions or additional financial services.

Growth Potential The company's increasing adoption of digital payment solutions like WavePay, serving more than 11.5 million users, suggests ongoing demand for secure and reliable mobile financial products, creating opportunities for cross-selling advanced financial tools or personalized financial management services.

Strategic Partnerships Recent collaborations with microfinance institutions, hospitals, and fintech partners such as Amdocs and Valocity demonstrate Wave Money’s openness to integrating new technologies and services, presenting avenues for vendors offering innovative fintech solutions, digital lending platforms, or compliance systems.

Social Impact Focus Wave Money’s focus on financial inclusion, women empowerment, and social programs involving COVID-19 relief efforts exemplifies their commitment to social responsibility, which can be appealing to clients and partners interested in socially-conscious investment or CSR-oriented collaborations.

Organizational Growth With a substantial workforce of 501-1000 employees and recent leadership changes, including the departure of the former CEO, there is an opportunity to engage with the company during its growth phase, providing HR solutions, leadership development, or employee engagement platforms to support its strategic initiatives.

Similar companies to Wave Money

Wave Money Tech Stack

Wave Money uses 8 technology products and services including SAP, LottieFiles, jQuery, and more. Explore Wave Money's tech stack below.

  • SAP
    Customer Relationship Management
  • LottieFiles
    Design
  • jQuery
    Javascript Libraries
  • Mailcheck
    Javascript Libraries
  • Linux
    Programming Languages
  • Bootstrap
    UI Frameworks
  • Spring Framework
    Web Frameworks
  • jQuery Validation Plugin
    Web Tools And Plugins

Media & News

Wave Money's Email Address Formats

Wave Money uses at least 1 format(s):
Wave Money Email FormatsExamplePercentage
First.Last@wavemoney.com.mmJohn.Doe@wavemoney.com.mm
73%
Last@wavemoney.com.mmDoe@wavemoney.com.mm
20%
Last.First@wavemoney.com.mmDoe.John@wavemoney.com.mm
4%
First.L@wavemoney.com.mmJohn.D@wavemoney.com.mm
3%

Frequently Asked Questions

Where is Wave Money's headquarters located?

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Wave Money's main headquarters is located at The Campus, 1 Office Park, Rain Tree Drive, Hlaing Tharyar Tonwship, Yangon, MM. The company has employees across 5 continents, including AsiaNorth AmericaAfrica.

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

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Wave Money's official website is wavemoney.com.mm and has social profiles on LinkedIn.

What is Wave Money's NAICS code?

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

How many employees does Wave Money have currently?

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As of October 2025, Wave Money has approximately 600 employees across 5 continents, including AsiaNorth AmericaAfrica. Key team members include Chief Product And Technology Officer: H. H.Chief People Officer & Company Secretary: T. S.Chief Risk And Compliance Officer: M. O. K.. Explore Wave Money's employee directory with LeadIQ.

What industry does Wave Money belong to?

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Wave Money operates in the Financial Services industry.

What technology does Wave Money use?

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Wave Money's tech stack includes SAPLottieFilesjQueryMailcheckLinuxBootstrapSpring FrameworkjQuery Validation Plugin.

What is Wave Money's email format?

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Wave Money's email format typically follows the pattern of First.Last@wavemoney.com.mm. Find more Wave Money email formats with LeadIQ.

When was Wave Money founded?

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Wave Money was founded in 2015.
Wave Money

Wave Money

Financial ServicesMyanmar501-1000 Employees

Wave Money is the largest mobile financial services provider in Myanmar. Guided by a mission to Build a Better Myanmar for its People, Wave Money is dedicated to driving greater financial inclusion among the unbanked population. Wave Money provides essential cash transfer, remittances and payment services to 35 million customers through an extensive agent network which covers 90% of Myanmar. Over  54,000 Wave shops – mostly owned and run by women – are serving customers across 299 townships nationwide. Always innovating, Wave Money’s WavePay mobile wallet meanwhile caters to over 11.5 million customers enabling reliable, secure, convenient and instant payments anytime, anywhere. 

Inclusion is at the heart of Wave Money’s people-centric culture. In line with its mission to Build a Better Myanmar for its People, Wave Money is on the forefront of financial, digital and social inclusion, and women empowerment.  Wave Money directly and indirectly provides livelihood to over 30,000 women nationwide, and is committed to being an equal opportunity workplace where every person is enabled, empowered and encouraged to grow. Wave Money implements several programmes that promote diversity, health and wellness, work-life balance, and learning and development, making it one of the most trusted and respected employers in Myanmar.

Section iconCompany Overview

Headquarters
The Campus, 1 Office Park, Rain Tree Drive, Hlaing Tharyar Tonwship, Yangon, MM
NAICS Code
52 - Finance and Insurance
Founded
2015
Employees
501-1000

Section iconFunding & Financials

  • $50M$100M

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

Section iconFunding & Financials

  • $50M$100M

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

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