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Wave raises $137 million in debt to expand mobile money services across Africa

Wave, one of Africa’s most valuable startups, has raised a $137 million debt round to bolster its working capital and drive expansion across existing and new markets. The funding will help scale its mobile money operations and broaden financial access for underserved communities across the continent, the company said in a statement.  Rand Merchant Bank

The post Wave raises $137 million in debt to expand mobile money services across Africa first appeared on Content Krush.

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