Latest news with #WaveMobileMoney
Yahoo
7 days ago
- Business
- Yahoo
TerraPay teams up with Wave Mobile Money for cross-border remittances
TerraPay, a company specialising in global money transfers, has joined forces with Wave Mobile Money to support cross-border remittance services. The move allows Malians to receive international remittances into their Wave mobile wallets, streamlining the process of accessing funds from abroad. The collaboration integrates TerraPay's global payment network with remittance flows from Money Transfer Operators across North America and Europe into Mali. This integration is designed to provide instant receipt of funds for Wave users in Mali, aiming to strengthen financial inclusion and present a secure alternative to informal remittance channels. The partnership leverages the TerraPay's payments infrastructure and the remittance service expertise of Orabank Mali, in conjunction with Wave Money's mobile platform. Wave Mobile Money business development regional head Karamokho Badiane said: 'We are excited to join forces with Orabank Mali and TerraPay to revolutionise payment solutions and enhance financial accessibility for our customers. 'Our shared commitment to financial inclusion will help break down barriers and offer more accessible solutions for individuals across the country. With TerraPay's cutting-edge technology ensuring safe and reliable money transfers, we are confident that this initiative will play a crucial role in fostering economic growth and financial empowerment.' TerraPay Sub Sahara Africa vice president Willie Kanyeki stated: 'Our partnership with Wave Mobile Money marks a significant milestone in our mission to power borderless money movement. By enabling instant, cost-effective, and fully compliant remittances from key markets like the US, Canada, and Europe, we are simplifying financial access and driving financial inclusion in Mali.' Last month, TerraPay partnered with PayPal to offer real-time fund transfer capabilities to customers in the Middle East and Africa. "TerraPay teams up with Wave Mobile Money for cross-border remittances " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Cision Canada
29-05-2025
- Business
- Cision Canada
TerraPay and Wave Mobile Money Partner to Enable Remittances to 2.5 Mn Active Digital Wallet Users
BAMAKO, Mali, May 29, 2025 /CNW/ -- In a strategic move to enhance cross-border remittance services in West Africa, TerraPay, a global money movement company, has partnered with Wave Mobile Money, one of the country's leading mobile money providers. This partnership enables Malians to receive money from family and friends abroad directly into their Wave mobile wallets, creating a faster, more accessible, and cost-effective way to access international remittances. Through this collaboration, TerraPay's global payment network now facilitates remittance flows from multiple Money Transfer Operators (MTOs) across the US, Canada, and Europe to Mali, all through a single streamlined integration. This unique model ensures that all Wave users in Mali can instantly receive funds, further strengthen financial inclusion and offer a secure alternative to informal remittance channels. Over 80% of Mali's population uses mobile phones, with many using them for mobile money and digital wallets. In the region, digital wallets are an essential tool for financial inclusion, providing access to financial services for millions of people, especially those who are unbanked. With mobile money platforms leading the way, the landscape is evolving rapidly. Speaking on this partnership, Karamokho Badiane, Regional Head of Business Development at Wave Mobile Money, said: "We are excited to join forces with Orabank Mali and TerraPay to revolutionize payment solutions and enhance financial accessibility for our customers. This strategic collaboration allows us to harness TerraPay's global payments infrastructure alongside Orabank Mali's deep expertise in remittance services, empowering us to expand our reach and provide even greater value to our users. Our shared commitment to financial inclusion will help break down barriers and offer more accessible solutions for individuals across the country. With TerraPay's cutting-edge technology ensuring safe and reliable money transfers, we are confident that this initiative will play a crucial role in fostering economic growth and financial empowerment." Willie Kanyeki, Vice President - Sub Sahara Africa at TerraPay, echoed this sentiment, saying, "Our partnership with Wave Mobile Money marks a significant milestone in our mission to power borderless money movement. By enabling instant, cost-effective, and fully compliant remittances from key markets like the US, Canada, and Europe, we are simplifying financial access and driving financial inclusion in Mali." With this partnership, TerraPay and Wave Mobile Money are making it easier than ever for Malians abroad to support their families back home, reinforcing the role of digital financial services in shaping the future of remittances in West Africa. About Wave Mobile Money in Mali: Wave Mobile Money is a fintech company founded in 2018, now leading mobile money services provider in West Africa operating in seven countries (Senegal, Côte d'Ivoire, Uganda, Gambia, Sierra Leone, Mali and Burkina Faso). Wave's mission is to promote financial inclusion by building a radically inclusive and extremely affordable financial network. Operating in Mali since 2021, Wave has the ambition of making Africa the first cashless continent, using technology to develop services that facilitate daily transactions and payments for millions of users across the continent. Our services include domestic and cross-border transfers, bill payments, business services. TerraPay simplifies global money movement, providing a single connection to one of the most expansive cross-border payment networks regulated in over 30 global markets. The platform enables payments to 150+ receiving countries, 210+ sending countries, over 3.7 billion mobile wallets, 7.5 billion bank accounts, and more than 12 billion cards. TerraPay is on a mission to create a borderless financial world, making money transfers instant, reliable, transparent, and fully compliant. Founded in 2014, TerraPay has built the global digital wallet interoperable network, driving financial inclusion even in the most remote markets. TerraPay is headquartered in London, with offices in cities like Nairobi, Bangalore, Dubai, Bogota, Dar es Salaam, Kampala, and Singapore. Backed by leading investors including the IFC (World Bank), Prime Ventures, Partech Africa, and Visa, TerraPay continues its rapid global expansion.
Finextra
29-05-2025
- Business
- Finextra
Terrapay enables ccross-border remittances for Wave Mobile Money users in Mali
In a strategic move to enhance cross-border remittance services in West Africa, TerraPay, a global money movement company, has partnered with Wave Mobile Money, one of the country's leading mobile money providers. 0 This partnership enables Malians to receive money from family and friends abroad directly into their Wave mobile wallets, creating a faster, more accessible, and cost-effective way to access international remittances. Through this collaboration, TerraPay's global payment network now facilitates remittance flows from multiple Money Transfer Operators (MTOs) across the US, Canada, and Europe to Mali, all through a single streamlined integration. This unique model ensures that all Wave users in Mali can instantly receive funds, further strengthen financial inclusion and offer a secure alternative to informal remittance channels. Over 80% of Mali's population uses mobile phones, with many using them for mobile money and digital wallets. In the region, digital wallets are an essential tool for financial inclusion, providing access to financial services for millions of people, especially those who are unbanked. With mobile money platforms leading the way, the landscape is evolving rapidly. Speaking on this partnership, Karamokho Badiane, Regional Head of Business Development at Wave Mobile Money said: 'We are excited to join forces with Orabank Mali and TerraPay to revolutionize payment solutions and enhance financial accessibility for our customers. This strategic collaboration allows us to harness TerraPay's global payments infrastructure alongside Orabank Mali's deep expertise in remittance services, empowering us to expand our reach and provide even greater value to our users. Our shared commitment to financial inclusion will help break down barriers and offer more accessible solutions for individuals across the country. With TerraPay's cutting-edge technology ensuring safe and reliable money transfers, we are confident that this initiative will play a crucial role in fostering economic growth and financial empowerment.' Willie Kanyeki, Vice President - Sub Sahara Africa at TerraPay, echoed this sentiment, saying, 'Our partnership with Wave Mobile Money marks a significant milestone in our mission to power the borderless money movement. By enabling instant, cost-effective, and fully compliant remittances from key markets like the US, Canada, and Europe, we are simplifying financial access and driving financial inclusion in Mali.' With this partnership, TerraPay and Wave Mobile Money are making it easier than ever for Malians abroad to support their families back home, reinforcing the role of digital financial services in shaping the future of remittances in West Africa.
Zawya
11-02-2025
- Business
- Zawya
Yasmina Ndella Bileoma Appointed Regional Director of Public Relations at Wave Mobile Money
Wave Mobile Money ( is pleased to announce the appointment of Yasmina Ndella Bileoma as Regional Director of Public Relations. With over 15 years of experience in public relations and strategic communications, Yasmina has established herself as a leader in her field. Her passion for technology and fintech, combined with her deep understanding of African media ecosystems, makes her a strategic asset in strengthening Wave Mobile Money's visibility. Before joining Wave Mobile Money, Yasmina served as Director of Strategic Communication at APO Group, the leading pan-African communications consultancy. She was also the Head of Communications for the Young African Leaders Initiative (YALI), a visionary program launched by former U.S. President Barack Obama and supported by USAID, the Mastercard Foundation, and Microsoft. In this role, Yasmina designed and implemented innovative communication strategies across 16 Francophone and Lusophone sub-Saharan African countries. Additionally, she has collaborated with prestigious organizations such as Motorola, Ecobank, the European Investment Bank (EIB), and Power Africa. In her new role at Wave Mobile Money, Yasmina will focus on strengthening brand awareness in the company's growing markets, deepening relationships with key stakeholders, and addressing the challenges of the fast-evolving fintech industry. Yasmina Ndella Bileoma stated: "Joining Wave Mobile Money is an incredible opportunity to contribute to a technological and social revolution in Africa. This role allows me to combine my passion for communication and technology with my commitment to impactful and sustainable initiatives on the continent. I am particularly honored to join a company that not only redefines financial inclusion but also upholds strong values of diversity by empowering African women in leadership roles." Coura Tine Sène, Regional and Public Affairs Director at Wave Mobile Money, welcomed Yasmina's appointment, stating: "Yasmina perfectly embodies the values of excellence, innovation, and inclusivity at the heart of Wave Mobile Money. Her expertise in communication, combined with her deep understanding of regional dynamics, will be a key driver in accelerating our mission: making financial services accessible to all and building an inclusive financial future for the continent." As the first unicorn in Francophone Africa, Wave Mobile Money is redefining mobile financial services by providing simple, accessible, and affordable solutions to millions of Africans. Yasmina Bileoma's appointment reflects Wave's commitment to attracting top talent to strengthen its leadership and continue transforming Africa's financial landscape. Distributed by APO Group on behalf of Wave Mobile Money. Contact Presse: Serigne Falilou CISSE Public Relations&Press Manager Wave Mobile Money - Senegal +221 77 484 98 87 About Wave Mobile Money: Wave Mobile Money is on a mission to make Africa the first cashless continent by providing radically inclusive and highly affordable financial services to millions of users across the continent. We develop cost-effective solutions that enable customers to save, transfer, and borrow money, helping them achieve their dreams. We are proud to always put our customers first. Visit our website to learn more about Wave Mobile Money.
