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Sendwave

acquired by WorldRemitYC W12YC Top Company

Boston, US · Founded 2014 · 350 employees · 19 known investors

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Sendwave provides international money transfer services designed to simplify remittances through digital channels with low fees and fast transfers, serving customers who want to send money across borders without visiting physical locations.

Also known as Chime Inc. · Brew · Chime · Wave · Wave, Brew, Chime

B2B MarketplacesFintechPaymentsUnited States of AmericaAmerica / CanadaFully Remote

Founders & leadership· Y Combinator alumni (W12)

Sendwave was founded in 2014 by Drew Durbin.

DDDrew Durbin
Drew DurbinFounder & CEO2012–2020Drew Durbin is the founder and CEO of Sendwave, which provides digital international money transfer services designed to reduce fees and processing times for cross-border remittances.
LQLincoln Quirk
Lincoln QuirkFounder2012–2021Executive Officer, Director at Wave
WDWei Deng
Wei DengProduct Manager and Business Operations2015–2016Founder/CEO at Clipboard
JC
John Cockrell

Investors · 19

Depth Ventureslisted by Depth VenturesSan Francisco

How we know: Depth Ventures's portfolio page · Not right? Tell us

Initialized Capitallisted by Initialized CapitalSan Francisco · $1M – $5M

How we know: funding news · initialized.com · Y Combinator's founder network · Not right? Tell us

Inspired Capitallisted by Inspired CapitalNew York · $500K – $20M

How we know: Inspired Capital's portfolio page · Not right? Tell us

Nimble Partnerslisted by Nimble PartnersSan Francisco

How we know: Nimble Partners's portfolio page · Not right? Tell us

Partech Ventureslisted by Partech VenturesParis · $200K – $50M

How we know: Y Combinator's founder network · partechpartners.com · open dataset · 5k.vc investor directory · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

AccelreportedPalo Alto · $500K – $100M

How we know: urbangeekz.com · Not right? Tell us

Agrolimen Venturesreported

How we know: Y Combinator's founder network · Not right? Tell us

Bill Leereported

How we know: Y Combinator's founder network · Not right? Tell us

Boost VCreportedSan Mateo · $500K

How we know: Y Combinator's founder network · Not right? Tell us

Capricorn Investment GroupreportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

Founders FundreportedSan Francisco · $500K – $5M

How we know: smartbranding.com · Y Combinator's founder network · Not right? Tell us

Khosla VenturesreportedMenlo Park · $100K – $20M

How we know: Y Combinator's founder network · Not right? Tell us

Sam Altmanreported

How we know: Y Combinator's founder network · Not right? Tell us

TCVreportedMenlo Park · $10M – $500M

How we know: urbangeekz.com · Not right? Tell us

Valor Equity PartnersreportedChicago

How we know: funding news · Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 2

Farallon CapitalLeapfrom

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Sendwave went on to found or lead other companies.

Drew DurbinCEOFounded WaveWei DengProduct manager + OperatorFounded ClipboardMaxwell ObiHead of West Africa PartnershipsFounded Waza

Related companies · 10

WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
BujetiBujeti is a financial operations platform that provides unified expense management, spending controls, and financial visibility for businesses. The platform targets African businesses seeking to consolidate fragmented finance tools into a single automated solution.
RevolutLondon-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
BoyaBoya is a financial technology platform that organizes business financial data to help growing businesses access better spending decisions, growth capital, and lower credit costs. The platform serves businesses of all sizes across various industries.
RemitlyRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
NomodNomod is a payment links platform that enables businesses to send payment requests via WhatsApp and accept payments through multiple methods including buy-now-pay-later, mobile wallets, and major cards. The platform serves businesses in the UAE with same-day payout capabilities and integration options for e-commerce and web platforms.
Transfer GoTransferGo is a financial platform that enables money transfers and financial services for people and businesses across borders, serving expatriates, freelancers, and international users in over 160 countries.
BuildStreamBuildStream provides candidate sourcing and data research services for recruiting teams, using multiple data sources and manual verification to compile verified contact lists that reduce reliance on multiple software tools.
InstaremInstarem operates a cross-border money transfer service enabling individuals and small-to-medium businesses to send funds internationally with competitive exchange rates and low fees. The platform serves customers across more than 60 locations globally, having processed over $6 billion in annual transfers.
AtratoAtrato Pago is a Mexican fintech providing point-of-sale credit financing that connects consumers with affiliated merchants, enabling customers to make purchases on installment plans while merchants increase sales through embedded lending.

Companies working in the same space as Sendwave.

Legal entities · 1

corporate structure
Chime Inc.

Frequently asked questions

What does Sendwave do?
Sendwave provides international money transfer services designed to simplify remittances through digital channels with low fees and fast transfers, serving customers who want to send money across borders without visiting physical locations.
Who founded Sendwave?
Sendwave was founded by Drew Durbin in 2014.
Who are Sendwave's investors?
Sendwave's investors include 1435 Capital, Depth Ventures, Initialized Capital, Inspired Capital, Nimble Partners, Partech Ventures, Y Combinator, Accel and 9 more.
Who acquired Sendwave?
Sendwave was acquired by WorldRemit.
Where is Sendwave headquartered?
Sendwave is headquartered in Boston, US.