The Startup Atlas · Africa · Senegal
Leer en español →
Wave
Mobile money app in West Africa offering free deposits and withdrawals and a flat 1% fee on transfers.
- Founded
- 2018 · Dakar, Senegal
- Founders
- Drew Durbin (Co-founder and CEO) · Lincoln Quirk (Co-founder)
- Website
- wave.com
In their words
“This funding means we can help even more people by delivering the best possible product at the lowest possible price”On the record
- 2026-05-05Senegal's health ministry enlisted Wave to digitize payments at public hospitals; Wave has roughly 11 million active users in Senegal. Launch Base Africa
- 2025-06-30Secured 117 million euros ($137.2 million) in debt financing led by Rand Merchant Bank. Launch Base Africa
- 2021-09-06Raised a $200 million Series A at a $1.7 billion valuation. TechCrunch
Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.
