W About
Wave operates a mobile money platform focused on financial inclusion in Francophone Africa, offering free deposits, withdrawals, and bill payments alongside low-cost transfers. Utilizing machine learning algorithms, Wave’s platform provides real-time fraud detection and credit risk assessment for its growing user base of over 12 million users across countries like Senegal, Côte d'Ivoire, and Ghana. Wave differentiates itself through a focus on accessibility via USSD and mobile app, and has achieved significant traction by offering a fully digital and low-cost alternative to traditional banking services.
Focus Areas
Technology Focus
fintech ai fraud detection
Key People 2
- Drew Durbin
- Lincoln Quirk
Quick Stats
- Total Raised
- $200M
- Founded
- 2018
- Status
- private
- Type
- commercial
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