Wave’s Drew Durbin and Lincoln Quirk negotiate $130m from IFC
The unicorn continued to raise funds after its historic $200 million round six months ago.
Someone shares this article with you
▪ Wave’s Drew Durbin and Lincoln Quirk negotiate $130m from IFC
▪ The unicorn continued to raise funds after its historic $200 million round six months ago.
▪ https://www.africabusinessplus.com/en/810917/waves-drew-durbin-and-lincoln-quirk-negotiate-130m-from-ifc/
The Senegalese-American company, launched almost ten years ago by Americans Drew Durbin and Lincoln Quirk, is on the verge of receiving several tens of millions of dollars from the International Finance Corporation (IFC), the World Bank‘s financial arm for the private sector. The institution is ready to spend $130 million to strengthen the backbone of the payment company.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Bank
16/03/2022 at 16h10, by Africa Business+
Wave continues to woo funders
The fintech is seeking new loans to achieve its continental ambitions.
New technologies
28/09/2021 at 18h25, by Africa Business+, updated 29/09/2021
Lincoln Quirk and Drew Durbin launch Wave Mobile Money in four new West African markets
Operating in Senegal since 2016 and in Côte d’Ivoire since 2019, the Senegalese-American start-up has...
Transport & Logistics
03/05/2021 at 21h21, by Africa Business+, updated 04/05/2021
Uber’s exclusive partner, Moove Africa seeks $100 million to boost its vehicle fleet
Barely a year after its inception, the company launched by three Nigerians including the former co-founder...
New technologies
09/04/2021 at 17h10, by Africa Business+, updated 10/04/2021
Olugbenga Agboola’s Flutterwave staff made up of USA financiers and Nigerian managers
The fintech, valued at over $1 billion, is surrounded by the finest Californian and New York investors....
New technologies
21/08/2020 at 11h55, by Aurelie Benoit, updated 26/08/2020
Flutterwave in discussions with SG, Coris and Citibank for its new Côte d’Ivoire market
The Nigerian payment fintech has just registered its subsidiary in Abidjan, and is testing the waters...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.