About Waave
Waave is a company based in Sydney (Australia) founded in 2022 by Mark Connolly, Ben Zyl, and Peter Traianou was acquired by Banked in October 2024. It operates as a FinTech. Waave has raised $4.7 million across 1 funding round from investors including Banked. Waave offers products and services including Pay by B. Waave operates in a competitive market with competitors including M2P Fintech, Prime Trust, AuthBridge, Frollo and Basiq, among others.
- Headquarter Sydney, Australia
- Founders Mark Connolly, Ben Zyl, Peter Traianou
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Waave Technologies Pty Ltd
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Products & Services of Waave
Waave offers a comprehensive portfolio of products and services, including Pay by B.
Real-time payments are enabled through Australia's PayTo network.
Funding Insights of Waave
Waave has successfully raised a total of $4.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.7 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Waave
Waave has secured backing from 1 investor. Prominent investors backing the company include Banked.
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Open banking APIs for payments and data access are provided.
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Investor details for Waave
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Investments & Acquisitions by Waave
Investment portfolio details for Waave
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Financial Statements - Waave
Detailed financials for Waave
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Waave Comparisons
Peer comparison for Waave
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Competitors of Waave
Waave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as M2P Fintech, Prime Trust, AuthBridge, Frollo and Basiq, among others.
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Banking, lending, and payment solutions are provided via custom APIs.
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Cloud-based AML and banking API solutions are provided for institutions.
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Identity verification, employee screening, and due diligence platforms are provided.
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Cloud-based open banking API solutions are provided to banks.
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Financial data is aggregated through APIs for open banking services.
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Volt is recognized as a provider of real-time payment solutions globally.
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Detailed competitors of Waave
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Latest news on Waave
Complete news archive for Waave
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Frequently Asked Questions about Waave
Waave was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Waave is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Ben Zyl is the current CEO of Waave. They have also founded this company.
Waave is a funded company, having raised a total of $4.7M across 1 funding round to date.
Waave Technologies Pty Ltd is engaged in offering real-time payment solutions through the Pay by B service, utilizing Australias PayTo network. The service is designed to facilitate instant payments for customers at checkout, both online and in-store, by connecting with their banking apps via PayID. Security and privacy are prioritized with trusted banking authentication, data encryption, and biometric measures. The solution integrates with all Australian banks, browsers, and phone operating systems, aiming to streamline the payment process while reducing transaction fees for businesses.
Waave's top competitors include M2P Fintech, AuthBridge and Volt.
Waave offers Pay by B.
Waave has 1 investor. Key investors include Banked.