Wave Mobile Money Revenue

Financial Services • Dakar, Dakar Region, Senegal • 2001-5000 Employees

Wave Mobile Money revenue & valuation

Annual revenue	$157,000,000
Revenue per employee	$35,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$502,400,000
Total funding	$228,700,000

Overview Emails Format About Employees Insights Funding Tech Stack Trending Companies FAQ

Company overview

Headquarters	Dakar, Dakar Region, Senegal
Website	wave.com
NAICS	52
SIC	737
Founded	2017
Employees	2001-5000
Socials

Wave Mobile Money Email Formats

Wave Mobile Money uses 1 email format. The most common is {first name}.{last name} (e.g., john.doe@wave.com), used 98.9% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@wave.com	98.9%

About Wave Mobile Money

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.

Employees by Management Level

Total employees: 2001-5000

Seniority

Employees

Entry

Manager

Head

Employees by Department

Wave Mobile Money has 1,364 employees across 20 departments.

Departments

Number of employees

Funding Data

Explore Wave Mobile Money's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2022-08-06	12	$91,700,000
2025-07-30	12	$137,000,000

Funding Insights

$228,700,000

Total funding amount

$137,000,000

Most recent funding amount

Number of funding rounds

Wave Mobile Money Tech Stack

Discover the technologies and tools that power Wave Mobile Money's digital infrastructure, from frameworks to analytics platforms.

Emotion

Development

jQuery CDN

CDN

Hugo

Static site generator

jQuery

JavaScript libraries

Greenhouse

Recruitment & staffing

HTTP/3

Miscellaneous

HSTS

Security

styled-components

Development

React

JavaScript frameworks

Google Cloud

IaaS

Bootstrap

UI frameworks

Popper

Miscellaneous

Frequently asked questions

Wave Mobile Money is located in Dakar, Dakar Region, SN.

Wave Mobile Money generates an estimated annual revenue of $157,000,000. This revenue figure reflects the company's market position and business performance in its industry.

Wave Mobile Money has an estimated valuation of $502,400,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Wave Mobile Money was founded in 2017, making it 9 years old. The company has established itself as a significant player in its industry over this time.

Wave Mobile Money has approximately 2001-5000 employees. The company continues to grow its workforce to support its business operations and expansion.

Wave Mobile Money has raised a total of $228,700,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Wave Mobile Money

Sander Latour

Head of Product

Mobile @wave.com

4.8

40,000 users