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Wave (YC W12) — Mobile money app for africa

Building extremely affordable financial infrastructure for Africa.

Wave is a Y Combinator company in the Winter 2012 batch. Its directory entry describes it as: Mobile money app for Africa. The founder listed is Drew Durbin (Founder/CEO) (Y Combinator directory entry, December 1, 2021).

Drew Durbin also founded Sendwave ↓

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Wave

New accelerator entry · 2021-12-01 · the record

Winter 2012
batch
1600
people
Early
stage
Senegal
region
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What the record says

BatchWinter 2012
Announced2021-12-01
StageEarly
StatusActive
Team size1600
IndustryFintech
Sub-industryFintech -> Payments
SectorsFintech
RegionsSenegal, Africa, Remote, Fully Remote
BasedDakar, Dakar Region, Senegal; Remote
HiringNo
Sitehttps://wave.com
Founded2018
Previously known asWave, Wave Mobile Money

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The founders' other companies

Also in YC Winter 2012

Same batch, Fintech first.

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In their words

Building extremely affordable financial infrastructure for Africa.

Want the whole picture on Wave?

Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News

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What the Full Report on Wave covers

  1. The Short Answer

  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    6 cited sources found

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If you're behind Wave: acceptance into a YC batch is one of the few weeks a young company gets looked up by people who matter — investors, other founders, press. FoxPlug turns the commits, deploys, and releases you're already making into that story automatically, so anyone who looks finds something current. GetFoxChat puts a guide on your own site so the people YC's own page just sent you don't read one line and leave.

Sourced from the company's Y Combinator directory entry, and from the company's own site, read directly on 2026-09-27 (wave.com).

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Wave: Accepted into Y Combinator Winter 2012
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Permanent URL: https://mentionfox.com/funding/yc-wave
Last updated 2026-10-20
Primary record: Y Combinator directory entry
Wave (YC W12) — Mobile money app for africa. MentionFox, 2026-10-20. https://mentionfox.com/funding/yc-wave