Wave Money

Wave Money (Burmese: ဝေ့မန်းနီး) is a mobile financial services provider in Myanmar which was established in 2016.

[1] The founding CEO of Wave Money was Brad Jones, an experienced executive in mobile financial services who had also been the founder of Wing Cambodia in 2008.

In August 2016, Wave Money was awarded the license to become the first non-bank institution to work under Myanmar's new Mobile Financial Services Regulation.

[5] In June 2018, in association with the United Nations Capital Development Fund and Australia's Department of Foreign Affairs and Trade, Wave Money launched Shwe Toe, a financial education gamification app that aims to help young women with a better understanding of financial concepts.

[8] In November 2019, Yoma Strategic acquired 10% stake from First Myanmar Investment.