Company Information

Get to know Wave Africa

Founded in 2018, Wave Mobile Money's mission is to build a radically inclusive and affordable financial network in Africa. The company was created to address the challenge of high fees and inconvenience associated with traditional financial services on the continent. By leveraging technology and an agent-based network, Wave offers a mobile app that allows users to send and receive money, pay bills, and purchase airtime instantly with transparent and significantly lower costs, often charging only a 1% fee for money transfers.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Wave Africa

Nigeria

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.