Wave Mobile Money
Wave is building a cashless Africa in Senegal, Côte d'Ivoire, Uganda, Burkina Faso, Gambia & Mali. Find us @www.wave.com
5271 employees · est. 2017 · Dakar, Senegal
Zoona is the older company (2017 vs 2009); Wave Mobile Money is the larger of the two.
Side-by-Side Comparison
| Metric | Wave Mobile Money | Zoona |
|---|---|---|
| Founded | ||
| Founded | 2017 | 2009 older |
| Headquarters | ||
| Headquarters | Dakar, Senegal | Lusaka, Zambia |
| Employees | ||
| Employees | 5271 larger | 173 |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | Financial Services, Fintech, Mobile |
| Funding Stage | ||
| Funding Stage | Unknown | Corporate Round |
| Total Funding | ||
| Total Funding | $437.13M | $22.93M |
| Funding Rounds | ||
| Funding Rounds | 8 | 6 |
| Services | ||
| Services | Money Deposit, Money Withdrawal, Bill Payments, Money Transfer, Airtime Purchase, Customer Service | Not tracked yet |
| Target Customers | ||
| Target Customers | Individual Consumers, Business Customers, Families | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Financial Inclusion, Cashless Transactions, Mobile Money, Peer-to-Peer Payments, Business Payments, Digital Financial Services, Financial Technology, Banking Alternative, Low-cost Financial Solutions, Microfinance, Mobile Applications, Financial Infrastructure, Economic Empowerment, Instant Transactions, Consumer Finance | Interoperability, Mobile Technology, Financial Services, Empowerment, Africa, Money Transfers, Electronic Payments, Agent Payments, Technology, Community Support, Women Empowerment, Underserved Communities |
| Website | ||
| Website | wave.com | ilovezoona.com |
About Wave Mobile Money
Wave Mobile Money is pioneering the creation of a cashless Africa across Senegal, Côte d'Ivoire, Uganda, Burkina Faso, Gambia, and Mali. Founded in 2017, the company is at the forefront of addressing the challenges faced by nearly 60% of adults in sub-Saharan Africa who lack access to traditional ba...
About Zoona
Zoona: Revolutionizing Financial Services in Africa Founded in 2009 in Zambia, Zoona is a leading African Fintech provider committed to providing safe and reliable financial services to underserved communities across the continent. Offering an interoperable distribution network, Zoona fuses the dyna...
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Funding, hiring, leadership and stack changes at Wave Mobile Money and Zoona — by email.
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Compiled from the BounceWatch company index. We last looked at Wave Mobile Money on 28 Mar 2026, and Zoona on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.