Provider Insights
Today's Sendwave Rates for Sending 100 Units in Base Currency
Customer Ratings Overview
Apple AppStore:
4.7 / 5
Google Play Store:
4.6 / 5Trustpilot:
4.4 / 5
Sendwave in Numbers
Established:
2014
Active Competitive Corridors (on Sendrater, 5+ Providers):
77
Leading Corridors
(where in Top 3):
31
Customer Ratings:
Sendwave enjoys strong customer satisfaction with average ratings above 4 stars.
About Sendwave
Parent Company:
Zeps Group (WorldRemit Ltd.)
Geographical Focus:
Sendwave facilitates money transfers from countries in North America and Europe (USA, UK, Canada, France, Italy, Spain, and Ireland) to countries in Africa, Asia, and The Americas.
Licenses:
USA: Operates under the license of Green Dot Bank, Member FDIC.
Canada: Registered as a money service business with FINTRAC, registration number M15954395.
UK: Registered trading name of Chime Inc., operates under the Electronic Money Regulations 2011, license number 900010.
Last Fundraising Round:
2021. WorldRemit acquired Sendwave in a cash and stock transaction valued at over $500 million in 2021. This acquisition, amplified WorldRemit's presence in Africa. The merged entity, was valued at above $1.5 billion.
Investors:
Sendwave has been backed by notable investors such as Y Combinator, Founders Fund, and Khosla Ventures. Following the acquisition by WorldRemit, it now also has the support of the Zeps Group.