TechFlow news — African mobile money application Wave has announced a $5 million funding round from the Stellar Development Foundation (SDF), aimed at providing digital financial solutions for savings and fund transfers to African consumers through integration efforts. Currently, Wave serves over 10 million monthly users in Senegal, Côte d'Ivoire, Uganda, Mali, and Burkina Faso.
The Stellar Development Foundation is a venture capital fund dedicated to growing the open-source Stellar network globally. Wave, a fintech company operating mobile money products across Africa through its subsidiaries, aims to help transform Africa into a cashless continent.Original link




