About Waza

Waza is a B2B payments platform that enables businesses in emerging markets to execute global transactions in multiple currencies, including USD, EUR, and GBP, while ensuring competitive exchange rates and low fees. The platform addresses the limited access to reliable payment intermediaries by providing a secure, efficient, and transparent solution for managing cross-border payments and vendor invoicing.

```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?

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 8620000.

Who founded Waza?

Waza was founded by Emmanuel Igbodudu.

Emmanuel Igbodudu - Co-founder/CTO

Location

Lekki, Nigeria

Founded

2022

Funding

8620000

Employees

16 employees

Major Investors

Y Combinator, Plug and Play, Timon Capital, Norrsken22, Olive Tree Capital

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Waza

Score: 100/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

waza.co 2K+

Crunchbase

Founded 2022 – Lekki, Nigeria

Funding

Estimated Funding

$8.6M+

Major Investors

Y Combinator, Plug and Play, Timon Capital, Norrsken22, Olive Tree Capital

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.