The International Finance Corporation (IFC) has provided Wave with €90 million in financing. This support will help Wave develop its activities in Côte d'Ivoire and Senegal and expand its product offering and client base.

90 million. This is the amount of financing obtained by Wave. 41 million from Symbiotics, Blue Orchard, responsability and Lendable, and parallel loans totaling €24 million from Finnfund and Norfund.

Wave's vision of making Africa the first cashless continent by offering affordable and user-oriented solutions is in line with IFC's ambitions for universal financial inclusion," said Mr. K. K. K. K., President of IFC.s ambitions for universal financial inclusion," said Coura Sène, Wave Mobile Money regional director for the West African Economic and Monetary Union (WAEMU).

As of September 2021, IFC had already invested $5 million in Wave Mobile Money Holdings Inc. in a co-investment with Partech Africa. Over the past six years, IFC has invested or mobilized from other investors more than $1.25 billion in the African technology ecosystem, the document says.