Sendwave
Founded 2014 · Boston, Massachusetts, United States
Estimated rates Published fee estimates and exchange rate data (no public API)
Supported currencies
15
Supported countries
20
Transfer methods
Mobile Wallet, Bank Transfer, Debit Card
Typical speed
Transfers to mobile wallets in Africa typically arrive within seconds to minutes. Bank transfers may take 1–2 business days.
Fee model
No upfront transfer fee on most corridors. Revenue comes from a margin on the exchange rate. Fees are built into the rate shown before confirmation.
Website
Download: iOS App Store · Google Play
Regulation & Licenses
- US — FinCEN (Money Services Business), state money transmitter licenses
- UK — FCA (authorized)
- Part of Zepz (formerly WorldRemit Group)
Key Facts
- Founded in 2014; acquired by WorldRemit (now Zepz) in 2021.
- Specializes in instant money transfers from North America, Europe, and Asia to Africa and South Asia.
- Supports transfers to mobile wallets and bank accounts in countries including Kenya, Uganda, Tanzania, Ghana, Nigeria, Senegal, and Bangladesh.
- No upfront transfer fees on most corridors — one of the simplest pricing models in the remittance space.
- Focused on serving the diaspora community with fast, affordable mobile-first transfers.
See Sendwave rates on Coinnect
This profile contains publicly available, factual information only. Coinnect is not affiliated with, endorsed by, or sponsored by Sendwave. Data sourced from official websites, press releases, and regulatory filings.