What Does Wave Money Do?

Total employees560
HeadquartersYangon
Founded2015

Wave Money is the leading mobile financial services (MFS) provider in Myanmar, dedicated to enhancing financial inclusion across the nation. Launched in 2016, it offers a comprehensive suite of digital financial services including domestic money transfers, utility bill payments, mobile top-ups, and merchant payments through its user-friendly WavePay mobile application and an extensive network of over 60,000 'Wave Shop' agents. Wave Money aims to empower individuals and businesses by providing accessible, secure, and convenient digital payment solutions, playing a pivotal role in Myanmar's transition towards a cashless economy.

Where Is Wave Money's Headquarters?

Wave Money officeWave Money officeWave Money officeWave Money office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic planning, technology development, operations management, marketing, and customer support for Wave Money's nationwide mobile financial services.

Notable Features:

Located in the modern Myanmar Centre, a prominent commercial complex, providing state-of-the-art office facilities and a central location.

Work Culture:

Dynamic, innovative, and customer-focused, with a strong emphasis on teamwork and achieving the mission of financial inclusion in Myanmar. Employees often describe it as fast-paced and impactful.

HQ Significance:

The headquarters is crucial for coordinating Wave Money's extensive agent network and digital platform, driving financial technology innovation and accessibility throughout Myanmar.

Values Reflected in HQ: Innovation, accessibility, security, and customer-centricity are reflected in the modern, efficient, and collaborative workspace.

Location:

Wave Money's operations are primarily focused on Myanmar. Its 'global presence' is mainly through its parent companies, Telenor Group (Norway) and Yoma Strategic Holdings (Singapore-listed, Myanmar-focused), which provide strategic backing, expertise, and governance. It also collaborates with international technology and financial service partners to enhance its platform.

Street Address:

Level 8, Office Tower 1, Myanmar Centre, 192 Kaba Aye Pagoda Road

City:

Yangon

State/Province:

Yangon Region

Country:

Myanmar

Where Else Does Wave Money Operate Around the World?

Mandalay, Mandalay Region, Myanmar

Address: Specific address not publicly listed, typically regional operational hubs supporting agent networks.

To expand financial inclusion and service accessibility in key regional economic zones and rural areas, facilitating local commerce and digital literacy.

Buying Intent Signals for Wave Money

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Wave Money? Meet the Executive Team

As of April 2025, Wave Money' leadership includes:

Raman Bhatia - Chief Executive Officer
Kaung Hla - Chief Financial Officer
Mon Mon Aung - Chief People Officer
Wai Lin Tun - Chief Technology Officer
Benjamin Tan - Chief Commercial Officer

Who's Investing in Wave Money?

Wave Money has been backed by several prominent investors over the years, including:

Telenor Group
Yoma Strategic Holdings Pte. Ltd.

What Leadership Changes Has Wave Money Seen Recently?

Hire1
Exits0

The most significant executive change in the last 12 months (May 2023 - May 2024) was the appointment of a new CEO to lead Wave Money's next phase of growth.

New Appointments:

Raman Bhatia, Raman Bhatia was appointed as the new Chief Executive Officer of Wave Money, bringing extensive experience in digital finance and telecommunications to drive the company's growth and innovation in Myanmar's evolving digital payments landscape.

What Technology (Tech Stack) Is Used byWave Money?

Discover the tools Wave Money uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Wave Money Email Formats and Examples

Wave Money Myanmar likely utilizes common corporate email patterns. While not publicly confirmed, a standard format would involve the employee's name followed by the company domain, 'wavemoney.com.mm'.

firstname.lastname@wavemoney.com.mm

Format

sample.employee@wavemoney.com.mm

Example

85%

Success rate

What's the Latest News About Wave Money?

Wave Money Official Communication / App Stores • March 5, 2024

Wave Money Myanmar Launches Enhanced WavePay App (v5.0.0) with New Features

Wave Money rolled out a significant update to its WavePay application (Version 5.0.0), introducing new features and user interface improvements. The update aims to provide a smoother, more secure, and feature-rich experience for its millions of users, reinforcing its commitment to digital innovation....more

Company Announcement / Multiple FinTech News Outlets • August 1, 2023

Wave Money Myanmar Appoints Raman Bhatia as New CEO

Wave Money announced the appointment of Raman Bhatia as its new Chief Executive Officer. Bhatia brings over two decades of experience in telecommunications and digital financial services, previously holding leadership roles in companies like Airtel and Telenor. He is tasked with leading Wave Money's next phase of growth and innovation in Myanmar....more

Wave Money Official Facebook / Press Release • May 26, 2023

Wave Money Myanmar Partners with FlyMya for Seamless Travel Payments

Wave Money has partnered with FlyMya, a leading online travel agency in Myanmar, to enable users to make payments for flights, hotels, and tour packages directly through the WavePay app. This collaboration aims to enhance convenience for travelers and promote digital payments in the tourism sector....more

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