Senegal based mobile money provider raised $200m in Series A funding from Sequoia Heritage, Founders Fund, Stripe, Ribbit Capital, Sam Altman and Partech Africa.
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Wave raises $200m in Series A funding
“We saw an opportunity to make a bigger impact by trying to build a better, much more affordable mobile money service than the telcos are building throughout much of sub-Saharan Africa,” Durbin told TechCrunch in an interview. “We didn’t see any companies besides the telcos trying to solve that problem.”
