Wave Mobile Money Series A

Altman said that Wave ticked the boxes he considers before an investment — strong founders, an important problem in a large market, working product and traction. “I’ve known these founders for a long time, and I think they’re like off-the-charts good. I’ve been super impressed with their ability to figure out what users want and how to grow,” he said. “I think the company is solving the most important problem around money transfer in Africa and fixing the inefficient agent networks.”