Product Manager, Wave
$113.9-198.1k
+ Equity + We run performance reviews twice a year and award bonuses or promotions to strong performers who have been with the company for more than six months; Salary is benchmarked on US rates and may vary by other locations
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Financial solution to save, transfer, and borrow money
Be an early applicant
Financial solution to save, transfer, and borrow money
1001+ employees
Be an early applicant
$113.9-198.1k
+ Equity + We run performance reviews twice a year and award bonuses or promotions to strong performers who have been with the company for more than six months; Salary is benchmarked on US rates and may vary by other locations
More information about location
1001+ employees
Company mission
To make Africa the first cashless continent.
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Company mission
To make Africa the first cashless continent.
Our take
Founders Drew Durbin and Lincoln Quirk founded Sendwave in 204 to allow remittances between North America, Europe, and select African and Asian nations,. The venture gained traction and was acquired by WorldRemit in 2020 for $500M in cash and stock. During this journey, Durbin and Quirk initiated the development of Wve, a user-friendly mobile money service that champions simplicity and eliminates account fees.
Africa grapples with a lack of accessible and economical financial services, leaving around 57% of its population unbanked due to exorbitant charges, inconvenient branches, and limited card usage. Wave addresses this gap with innovative technology, offering a straightforward and cost-effective tool accessible to everyone via their mobile. The impact has been substantial; in 2021, a GSMA report indicated 562M registered mobile money accounts in Africa, facilitating transactions valued at US$495B.
Wave has already established its presence in Senegal, the Ivory Coast, and Gambia. Future plans involve expanding to regulation-friendly countries like Uganda and channelling investments to enhance product development, business operations, and engineering efforts.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 6 months fully paid parental leave and subsidized fertility assistance
- $10,000 annual charitable donation matching
- Yearly travel to one of our African operating countries
- Subsidised health insurance for you and your dependents and retirement contributions (both vary from country to country)
- Flexible vacation, with most folks taking between 30-40 days per year
- Yearly travel to one of our African operating countries
Company values
- We’re egolessly mission driven
- We focus ruthlessly on the most important thing
- We’re embarrassingly honest to stay aligned and move quickly
- We don’t wait – we live our fullest lives now
- We maximize our rate of learning
Funding (2 rounds)
Mar 2022
$10m
LATE VC
Sep 2021
$200m
SERIES A
Total funding: $210m
This company has top investors
Leadership
Drew Durbin
(Co-Founder & CEO)Previously co-founder and CEO at Sendwave (International Remittance).
Lincoln Quirk
(Co-Founder)Previously co-founder and CTO at Newsbrane, Engineer at Demiurge Studios and co-founder of Sendwave (International Remittance).
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