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Drew Durbin
Dakar Region,Senegal
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Find Drew Durbin's PhoneWho Is Drew Durbin?
Drew Durbin is a visionary entrepreneur and the co-founder and CEO of Wave Mobile Money, a fintech company focused on building radically affordable and inclusive financial infrastructure in Africa. His mission-driven approach was profoundly shaped by his experience as a Peace Corps volunteer in Tanzania, where he witnessed firsthand the challenges people faced with financial access and high remittance fees. This led him to co-found Sendwave in 2014, a low-cost remittance app, which was later acquired. Subsequently, he launched Wave to tackle the broader mobile money market, successfully disrupting incumbent players with a transparent, low-fee model that has achieved massive adoption across several African nations.
How Did Drew Durbin's Career Path Shape Their Journey?
Drew Durbin's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Drew Durbin's Key Achievements?
Co-founder & CEO of Wave Mobile Money
Led Wave to become one of Africa's most valuable startups, achieving a $1.7 billion valuation in 2021 and becoming the first Francophone African unicorn. The service provides millions of users with free deposits/withdrawals and a low 1% fee for money transfers.
Co-founder of Sendwave
Co-founded the app-based remittance company Sendwave to significantly lower the cost of sending money to Africa. The company grew rapidly and was acquired by WorldRemit in 2020 in a deal valued at approximately $500 million.
Innovator in African Fintech
Successfully challenged and disrupted the established mobile money landscape in Africa by introducing a user-centric, agent-based model with transparent and radically affordable pricing, forcing competitors to adjust their own fee structures.
What's Drew Durbin's Educational Background?
Degree Program
Brown University - Year 2004
High School
The Potomac School - Year 2000
Buying Intent Signals for Drew Durbin
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Company Overview
Wave Mobile MoneyWave Mobile Money is a fintech company focused on building radically inclusive and affordable financial services in Africa. It offers a mobile money service that allows users to send and receive money, pay bills, and make purchases with minimal fees, often just a 1% withdrawal fee. Operating primarily through an app and a network of local agents, Wave aims to provide a transparent and accessible alternative to traditional banking and telecommunication-led mobile money providers, targeting unbanked and underbanked populations.
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