Wave Mobile Money

About Wave Mobile Money

Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money. In 2016, we began building Wave, a mobile money product for domestic markets in Africa. The problem: 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 most merchants only accept cash. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rel...