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
Quick Stats
Total Raised $200M
Founded 2018
Status private
Type commercial
