Co-founder Ben Zyl, says: “We believe the payment industry is archaic and the way we pay today is clunky and outdated. People have become complacent with card dominance - businesses shouldn’t be paying exorbitant fees to receive payments, and customers should have full control and visibility over their money. We’re here to drive change by bringing back the connection between consumers and businesses,”

https://www.finextra.com/newsarticle/42173/australian-pay-by-bank-startup-waave-raises-47-million