Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation
TechCrunch
SEPTEMBER 7, 2021
Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. Wave , a U.S. and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. The investment is the largest-ever Series A round for the region, and it values Wave at $1.7 billion.
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