Wave Money

Wave Money is the leading mobile financial services and digital payments company in Myanmar.

General Information
Company Name
Wave Money
Founded Year
2015
Location (Offices)
Yangon, Myanmar +1
Founders / Decision Makers
Number of Employees
551
Industries
Financial Services, Fintech, Payments
Funding Stage
Corporate Round
Social Media

Wave Money - Company Profile

Wave Money is a leading mobile financial services and digital payments company in Myanmar. Founded in 2015, it is the largest mobile financial services provider in the country, with a mission to Build a Better Myanmar for its People. Wave Money is focused on driving greater financial inclusion among the unbanked population and provides essential cash transfer, remittances, and payment services to 35 million customers through an extensive agent network covering 90% of Myanmar. With over 54,000 Wave shops mostly owned and run by women, the company serves customers across 299 townships nationwide. WavePay, its mobile wallet, caters to over 11.5 million customers, enabling reliable, secure, convenient, and instant payments. In line with its mission, Wave Money is at the forefront of financial, digital, and social inclusion, as well as women empowerment. The company provides livelihood to over 30,000 women nationwide and is committed to being an equal opportunity workplace, implementing programs that promote diversity, health and wellness, work-life balance, as well as learning and development. The company received a $73.50M Corporate Round investment on 18 May 2020 from Ant Group, solidifying its position as a trusted and respected employer in Myanmar. With its people-centric culture and commitment to inclusion, Wave Money stands out as a significant player in the financial services and fintech industries.

Taxonomy: mobile financial services, digital payments, financial inclusion, remittances, agent network, mobile wallet, women empowerment, social inclusion, work-life balance, diversity, employer, Myanmar, livelihood, innovation, equal opportunity

Funding Rounds & Investors of Wave Money (2)

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Funding Stage Amount No. Investors Investors Date
Corporate Round $73.50M 1 18 May 2020
Corporate Round $19.40M 1 06 Mar 2018

Latest News of Wave Money

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No recent news or press coverage available for Wave Money.

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