September 07 - 16:09
African fintech Wave closes $200m Series A
Wave has completed a $200m funding round for its mobile money service. The fintech becomes Francophone Africa's first unicorn after the bumper Series A, which included investment from Sequoia Heritage and Stripe. Over the past 12 months, $500bn has moved through the accounts of 300m users in the region. "Our mission is to bring a modern financial network to everyone in Africa," said its CEO.
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