Startup profile for Wave: what they do, why they are interesting, stage (series a), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Wave

Mobile money platform making digital payments radically affordable in Francophone Africa.

Stage

series a

Status

private

Coverage

full

Why Wave is interesting

Senegal's first unicorn — 70% cheaper than telco-led mobile money with $200M Series A at $1.7B valuation.

Key facts

  • Series A (Sep 2021): $200M at $1.7B led by Sequoia Heritage, Founders Fund, Stripe, Ribbit (TechCrunch)
  • a16z listed on public investment list; primary syndicate above from press

Investors in our directory

Funds linked from Wave's profile — open a fund page for stage focus and related deal articles.

Industries

Enterprise SaaS

Industry hub pages are rolling out from our fund-derived baseline taxonomy.

FAQs about Wave

Funding context and why this company shows up in venture coverage.

Wave is listed among Andreessen Horowitz (a16z) investments on a16z’s public investment list.
We track a16z-backed companies that are strategically relevant for founders and investors following AI, American Dynamism, crypto, bio, and enterprise software.

Last updated: 2026-07-24