Wave Mobile Money: Funding, Investors & Team (Oct 2026)
Wave Mobile Money gives an application based monetary answer for save, move, and acquire cash. Wave Mobile Money is determined to make Africa the main credit only landmass. On a mainland where under 10% of the populace has a ledger, Wave is building the primary current monetary organization — no record expenses, immediately accessible, and acknowledged all over the place! It is building groundbreaking monetary foundation. At the point when portable cash prevailed in Kenya, it lifted around 1,000,000 individuals out of neediness. But, north of 10 years after the fact, most Africans actually need admittance to reasonable ways of saving, move or acquire the cash they need to assemble organizations or accommodate their families. Wave is tackling this issue by utilizing innovation to construct a drastically comprehensive and incredibly reasonable monetary organization.
Wave Mobile Money has raised $91.9M across 1 funding round on record, the most recent a Debt Financing of $91.9M announced in Jul 2022.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Wave Mobile Money Company Profile and Key Stats
Latest funding round on record: Jul 2022.
Wave Mobile Money Funding Rounds
Wave Mobile Money Founders and Leadership Team
No contact details are on record for this team yet.
Wave Mobile Money Funding Compared to Other Financial Services Startups
Wave Mobile Money's latest round of $91.9M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Wave Mobile Money Funding FAQs
What does Wave Mobile Money do?
Wave Mobile Money gives an application based monetary answer for save, move, and acquire cash. Wave Mobile Money is determined to make Africa the main credit only landmass. On a mainland where under 10% of the populace has a ledger, Wave is building the primary current monetary organization — no record expenses, immediately accessible, and acknowledged all over the place! It is building groundbreaking monetary foundation. At the point when portable cash prevailed in Kenya, it lifted around 1,000,000 individuals out of neediness. But, north of 10 years after the fact, most Africans actually need admittance to reasonable ways of saving, move or acquire the cash they need to assemble organizations or accommodate their families. Wave is tackling this issue by utilizing innovation to construct a drastically comprehensive and incredibly reasonable monetary organization.
How much funding has Wave Mobile Money raised?
Wave Mobile Money has raised $91.9M across 1 round on record. The most recent is a Debt Financing of $91.9M announced in Jul 2022.
When did Wave Mobile Money last raise funding?
Wave Mobile Money's most recent funding round on record is a Debt Financing of $91.9M, announced in Jul 2022.
Who is the CEO of Wave Mobile Money?
Drew Durbin is listed as CEO at Wave Mobile Money.
Where is Wave Mobile Money headquartered?
Wave Mobile Money is based in Dakar, Senegal.
How many employees does Wave Mobile Money have?
Wave Mobile Money is in the 501-1000 employee band.
How does Wave Mobile Money's funding compare to other Financial Services startups?
Wave Mobile Money's latest round of $91.9M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Wave Mobile Money Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Wave Mobile Money is left off this page rather than filled in.
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