This Senegal-based mobile money platform is now Francophone Africa’s first billion-dollar startup

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This Senegal-based mobile money platform is now Francophone Africa’s first billion-dollar startup

Senegalese-based firm Wave has raised $200 million in Series A round funding, the largest-ever Series A round for the region, Techcrunch reports. This takes the value of the company to $1.7 billion. According to Tech Crunch, the round was led by Sequoia Heritage, a subsidiary of Sequoia Capital, with the participation of Founders Fund; payments giant...

Source: Face2Face Africa - The Premier Pan-African Voice

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