Wave Money

Wave Money is a revolutionary financial services company originating in Myanmar, aimed at addressing a vital need for accessible financial services across the country. This innovator company has gone above and beyond to simplify monetary transactions by introducing WavePay, a mobile wallet application. WavePay provides users with the convenience of conducting financial transactions anytime, anywhere, right from their mobile phones. A user can easily download and self-register on the app to begin enjoying its various features that include instant and secure money transfers, free transfers between WavePay users, bill payments, mobile top-up, loan repayments, and ticket purchases.

The strength of Wave Money lies in its commitment to user-friendly services and its advantageous attributes, such as a 24/7 availability, transaction history tracking, QR payment, straightforward cash in/out procedures, and WavePay to WavePay free transfers. Significantly, Wave Money holds the distinction of being the first fintech company in Myanmar to launch an open API, a tool linking merchants with customers, in 2017. This recognition underlines the innovative approach of Wave Money towards providing financial services. Wave Money has highlighted its positive growth track by becoming EBITDA positive just two years after its launch, indicating its consistent profitability. Today, Wave Money boosts of a network covering 89% of the country and 65,000 Wave Money shops, servicing over 27 million unique customers.

The company indeed stands out for its customer-centric approach and technological innovation. Wave Money's concrete steps towards facilitating financial inclusion and modernizing Myanmar's financial sector prompted trade, personal, and business payments to become safer, faster, more efficient, and universally accessible. The company’s constant drive for innovation and credibility have made it the No.1 Mobile Financial Service in Myanmar. The significant role it plays in helping citizens manage their finances better, including both monetized and cashless transactions, makes it an exciting and pivotal player in Myanmar's fintech landscape.

Connect