Wave

Kosloff, Marshall (2022) Mobile money with Wave’s CTO Ben Kuhn, The Deep End, June 9.

Apply for a job.

As of February 2022, Wave iswas founded in 2018 and quickly became the largest mobile money service provider in Senegal.^[1]  Ben Kuhn, Wave's CTO, estimates that the company saves people in Senegal over $200 million every year—or around 1% of that country's GDP.^[2]

Wave is a mobile service provider that allows unbanked people in Africa to access financial services such as saving and transferring money. Although Wave is a for-profit company, its founders—long-time members of the effective altruism community—launched it primarily with the goal of reducing global poverty.

As of February 2022, Wave is the largest mobile money service provider in Senegal.^[1]  Ben Kuhn, Wave's CTO, estimates that the company saves people in Senegal over $200 million every year—or around 1% of that country's GDP.^[2]

Further reading

Kuhn, Ben (2019) Why and how to start a startup serving emerging markets, Ben Kuhn’s Blog, November 5.

Quirk, Lincoln & Ben Kuhn (2020) We’re Lincoln Quirk & Ben Kuhn from Wave, AMA!, Effective Altruism Forum, October 27.

External links

Wave. Official website.

Related entries

entrepreneurship

1. ^{^}

   Finextra (2021) Wave closes largest Series A round for an African fintech with $200 million, Finextra, September 7.

2. ^{^}

   Kuhn, Ben (2021) Working at Wave is an extremely effective way to improve the world, Wave’s Blog, July 8.