Wave
wave.comMobile money, reinvented. Deposit, withdraw, pay bills for free.
Finance & Fintechmobile-moneyfintechafricapaymentsmoney-transferbill-payments
About
Wave is a mobile money platform targeting users in Africa, offering free deposits, withdrawals, and bill payments, with money transfers at a flat 1% fee. The app allows users to buy airtime and access customer support via a toll-free number. It positions itself as a low-cost alternative to traditional mobile money services.
Problem
Traditional mobile money services charge high fees for basic financial transactions like deposits, withdrawals, and transfers.
For
individuals in Africa seeking affordable mobile money services
How it works
Users deposit and withdraw money for free, send money to others for a 1% fee, and pay bills or buy airtime directly through the Wave mobile app.
Business model
freemium
Status
launched
Company
Wave Mobile Money