Wave (Financial Software) Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Private

  • Employees
  • 3,000

Employees

  • Latest Deal Type
  • Capital Spending

  • Latest Deal Amount
  • $137M

  • Investors
  • 18

Wave (Financial Software) General Information

Description

Developer of a mobile money platform designed to provide accessible digital financial services through mobile phones. The company offers mobile wallets, cash deposits and withdrawals, money transfers, bill payments, airtime purchases, and merchant payments, enabling individuals and businesses across Africa to manage and move money conveniently.

Contact Information

Website
www.wave.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Keur Gorgui
  • Dakar, CP10200
  • Senegal
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
FinTech, Mobile
Corporate Office
  • Keur Gorgui
  • Dakar, CP10200
  • Senegal

Wave (Financial Software) Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Wave (Financial Software) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Capital Spending 30-Jun-2025 $137M Completed Generating Revenue
7. Angel (individual) Completed Generating Revenue
6. Later Stage VC 28-Apr-2023 Completed Generating Revenue
5. Later Stage VC 25-Oct-2022 Completed Generating Revenue
4. Capital Spending 06-Jul-2022 Completed Generating Revenue
3. Debt - General 22-Mar-2022 Completed Generating Revenue
2. Later Stage VC (Series A) 07-Sep-2021 $200M $200M Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2012 $125K $125K Completed Generating Revenue
To view Wave (Financial Software)’s complete valuation and funding history, request access »

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Wave (Financial Software) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile money platform designed to provide accessible digital financial services through mobile phones. Th
Other Financial Services
Dakar, Senegal
3,000 As of 2025

San Francisco, CA
 

Lagos, Nigeria
 
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Wave (Financial Software) Competitors (3)

One of Wave (Financial Software)’s 3 competitors is Flutterwave, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Flutterwave Venture Capital-Backed San Francisco, CA
OPay Venture Capital-Backed Lagos, Nigeria
Interswitch Private Equity-Backed Lagos, Nigeria
You’re viewing 3 of 3 competitors. Get the full list »

Wave (Financial Software) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Wave (Financial Software) Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Silverbacks Holdings Venture Capital Minority
Base Capital (Cape Town) Venture Capital Minority
Glynn Capital Venture Capital Minority
LoftyInc Capital Management Venture Capital Minority
Serena Ventures Venture Capital Minority
You’re viewing 5 of 18 investors. Get the full list »

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Wave (Financial Software) FAQs

  • When was Wave (Financial Software) founded?

    Wave (Financial Software) was founded in 2008.

  • Where is Wave (Financial Software) headquartered?

    Wave (Financial Software) is headquartered in Dakar, Senegal.

  • What is the size of Wave (Financial Software)?

    Wave (Financial Software) has 3,000 total employees.

  • What industry is Wave (Financial Software) in?

    Wave (Financial Software)’s primary industry is Other Financial Services.

  • Is Wave (Financial Software) a private or public company?

    Wave (Financial Software) is a Private company.

  • What is Wave (Financial Software)’s current revenue?

    The current revenue for Wave (Financial Software) is .

  • How much funding has Wave (Financial Software) raised over time?

    Wave (Financial Software) has raised $542M.

  • Who are Wave (Financial Software)’s investors?

    Silverbacks Holdings, Base Capital (Cape Town), Glynn Capital, LoftyInc Capital Management, and Serena Ventures are 5 of 18 investors who have invested in Wave (Financial Software).

  • Who are Wave (Financial Software)’s competitors?

    Flutterwave, OPay, and Interswitch are competitors of Wave (Financial Software).

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