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.
Fintech
Mobile
Finance
Technology
Overview
Company Mission
Wave Mobile Money aims to drive financial inclusion across Africa by offering radically affordable, instantly available, and universally accepted financial services. Since its launch in 2017, Wave has been committed to eliminating barriers like high fees and limited access to traditional banking, empowering millions of users to engage in seamless financial transactions even in areas with limited infrastructure. Their ultimate goal is to make Africa the first cashless continent.
Employees3539
Hq LocationDakar
Company values
Financial Inclusion
Accessibility
Innovation
Affordability
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