Skip to content
← Startups

Sendwave

Send money to Africa and Asia as easily as sending a text
AcquiredFintechCross-border & Remittances / FXBoston, MassachusettsFounded 2014

What it does

Sendwave was founded in 2014 by Drew Durbin and Lincoln Quirk to enable instant, fee-free digital remittances from North America and Europe to Africa. Acquired by WorldRemit (Zepz group), the platform allows diaspora users to send money directly to mobile wallets and bank accounts. It is celebrated as one of the largest remittance channels serving Africa.

Diaspora remittancesCross-border B2B payments

Known for

  • Zero-fee global remittance app
  • Direct mobile money & bank transfer delivery
  • Acquired by WorldRemit / Zepz
  • Major diaspora remittance carrier

Model & industry

SaaSAll / Cross-industry

Products & subsidiaries

Sendwave App · Consumer Remittance App

People

Investors

Y CombinatorZepz GroupKhosla VenturesPartech Partners

External links