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US fintech Wave expands into Guinea to disrupt West Africa pricing

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
  • Wave launches operations in Guinea after securing licence in 2025
  • Entry expected to disrupt pricing and boost financial inclusion

 

CONAKRY, GUINEA — US fintech Wave has launched operations in Guinea, marking its latest push into West Africa’s fast-growing mobile money market.

The rollout follows the company’s acquisition of a licence in May 2025 in Conakry, secured during an economic event organised with the American Chamber of Commerce. Physical infrastructure and service points are now visible in the capital, signalling the start of full-scale operations.

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