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Sendwave

Sendwave

Sendwave is an app-based remittance company with the mission of sending money as easy as sending a text.

Boston Massachusetts United States
Industry IconFinancial Services
Email Icon51-200 employees
Founded on 2014-01-01
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Overview

Sendwave is an app-based remittance company with the mission of making sending money cross-borders as easy as sending a text. The app sends instant, no fee transfers from the US, UK, and Canada to Kenya, Uganda, Tanzania, Ghana and Nigeria with top rates.

Sources

Growth Insight

Sendwave may be growing as indicated by several key financial metrics. The company has reportedly processed over $1 billion in money transfers each year, which suggests a strong volume of transactions and potentially robust revenue streams. Additionally, Sendwave has expanded its services, as evidenced by the launch of Sendwave Pay, a digital remittance service in East and West Africa. Furthermore, the company has been integrated into the offerings of other financial service providers, as seen in agreements signed with partners, which could indicate strategic growth and increased market penetration.

Funding

Total Round:2
Funding Total:
Financing Time:2021-09-07
Financing Stage:series_a
Financing Amount:200,000,000 USD

Core Team

  • Omar Ayub

    CTO | 2019-05-01

  • Maggie Beddow

    COO | 2020-11-01

  • Will Fogel

    Chief Executive Officer | 2016-09-01

  • Jen Yee

    Software Engineer | 2019-05-01

Events

No Events Available

Tech Stack

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  • Amazon CloudFront

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  • Google Cloud CDN

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  • Envoy

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FAQ of Sendwave

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