Waza

About Waza

Waza provides businesses operating in emerging markets with seamless, 24/7 access to foreign currency payments in USD, EUR, and GBP. The platform offers competitive exchange rates and multiple payment channels to reduce transaction costs for global vendor and supplier payments. Users benefit from an integrated dashboard for efficient reporting, reconciliation, and management of cross-border financial operations.

```xml <problem> Businesses in emerging markets face challenges executing global transactions due to limited access to reliable payment intermediaries and competitive exchange rates. This restricts their ability to efficiently manage cross-border payments and vendor invoicing in multiple currencies. </problem> <solution> Waza is a B2B payments platform that provides businesses in emerging markets with a secure and transparent solution for managing global transactions. The platform enables execution of payments in multiple currencies, including USD, EUR, and GBP, while ensuring competitive exchange rates and low fees. Waza offers multiple payment channels, allowing businesses to pay directly from their local currency bank account, maintain a balance with Waza's local partners, or use debit cards and e-wallets for smaller value payments. An easy-to-use dashboard provides reporting and reconciliation features for efficient payment and management of vendors, suppliers, and cross-border invoices. </solution> <features> - Multi-currency support for USD, EUR, and GBP payments. - Access to competitive exchange rates and low transaction fees. - Multiple payment channels, including local bank accounts, partner balances, debit cards, and e-wallets. - Customizable invoicing to match brand identity. - Easy-to-use dashboard for reporting and reconciliation. - Real-time transaction monitoring and fraud prevention. - Compliance with global security standards such as ISO and PCIDSS. - API access for fintech integrations. </features> <target_audience> Waza primarily targets businesses, multinational organizations, and fintech companies in emerging markets that require efficient and cost-effective solutions for managing cross-border payments. </target_audience> ```

What does Waza do?

Waza provides businesses operating in emerging markets with seamless, 24/7 access to foreign currency payments in USD, EUR, and GBP. The platform offers competitive exchange rates and multiple payment channels to reduce transaction costs for global vendor and supplier payments. Users benefit from an integrated dashboard for efficient reporting, reconciliation, and management of cross-border financial operations.

Where is Waza located?

Waza is based in Lekki, Nigeria.

When was Waza founded?

Waza was founded in 2022.

How much funding has Waza raised?

Waza has raised $8.6M.

Who founded Waza?

Waza was founded by Emmanuel Igbodudu.

  • Emmanuel Igbodudu - Co-founder/CTO
Location
Lekki, Nigeria
Founded
2022
Funding
$8.6M
Employees
16 employees
Investors
Norrsken22Plug and Play Tech CenterTimon CapitalY CombinatorAccess Bridge VenturesByldPioneer Square LabsPslS3Vc

Waza

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Waza provides businesses operating in emerging markets with seamless, 24/7 access to foreign currency payments in USD, EUR, and GBP. The platform offers competitive exchange rates and multiple payment channels to reduce transaction costs for global vendor and supplier payments. Users benefit from an integrated dashboard for efficient reporting, reconciliation, and management of cross-border financial operations.

waza.co2K+
Founded 2022Lekki, Nigeria

Funding

No specific funding rounds found.

Total Funding

$8.6M

Backed by

Plug and Play Tech CenterY CombinatorAccess Bridge VenturesByldNorrsken22

Team (15+)

Emmanuel Igbodudu

Co-founder/CTO

Company Description

Problem

Businesses in emerging markets face challenges executing global transactions due to limited access to reliable payment intermediaries and competitive exchange rates. This restricts their ability to efficiently manage cross-border payments and vendor invoicing in multiple currencies.

Solution

Waza is a B2B payments platform that provides businesses in emerging markets with a secure and transparent solution for managing global transactions. The platform enables execution of payments in multiple currencies, including USD, EUR, and GBP, while ensuring competitive exchange rates and low fees. Waza offers multiple payment channels, allowing businesses to pay directly from their local currency bank account, maintain a balance with Waza's local partners, or use debit cards and e-wallets for smaller value payments. An easy-to-use dashboard provides reporting and reconciliation features for efficient payment and management of vendors, suppliers, and cross-border invoices.

Features

Multi-currency support for USD, EUR, and GBP payments.

Access to competitive exchange rates and low transaction fees.

Multiple payment channels, including local bank accounts, partner balances, debit cards, and e-wallets.

Customizable invoicing to match brand identity.

Easy-to-use dashboard for reporting and reconciliation.

Real-time transaction monitoring and fraud prevention.

Compliance with global security standards such as ISO and PCIDSS.

API access for fintech integrations.

Target Audience

Waza primarily targets businesses, multinational organizations, and fintech companies in emerging markets that require efficient and cost-effective solutions for managing cross-border payments.

Sources:

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