Wave Transfer
Latest round
- Series A
Last raised
- Sep 2021
Total raised
- $200M
Investors
- 6
About Wave Transfer
Based in Dakar, Senegal, and founded in 2017 by Drew Durbin (CEO) and Lincoln Quirk, Wave Transfer Limited provides a mobile application that enables users to send, transfer, and borrow money. Wave develops and operates a mobile money remittance application for Android and iOS that enables instant electronic money transfers. It provides mobile money transaction services to customers who do not have bank accounts. An agent network, agent and consumer applications, QR cards, business collections, and disbursements make up its infrastructure. The firm's platform also enables users to withdraw money and pay bills. The firm generates revenue by allowing users to send money to others with a 1% transfer fee.
Who invested in Wave Transfer
6 investors across 1 round
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Funding rounds
Series A
Sep 7, 2021
Amount
$200M
Investors
Questions about Wave Transfer
Who invested in Wave Transfer?
Wave Transfer has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wave Transfer raised?
Wave Transfer has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Wave Transfer last raise money?
Wave Transfer's most recent round on record is a Series A, in Sep 2021.
What does Wave Transfer do?
Based in Dakar, Senegal, and founded in 2017 by Drew Durbin (CEO) and Lincoln Quirk, Wave Transfer Limited provides a mobile application that enables users to send, transfer, and borrow money.
Where is Wave Transfer headquartered?
Wave Transfer is headquartered in Dakar, Senegal.
Which VCs invest in companies like Wave Transfer?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Wave Transfer's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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