Sendwave
acquired by WorldRemitYC W12YC Top CompanyBoston, US · Founded 2014 · 350 employees · 7 known investors
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 Brew · Chime · Wave
Founders & leadership· Y Combinator alumni (W12)
Sendwave was founded in 2014 by Drew Durbin.
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Drew Durbinin𝕏Founder & 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.
Investors · 7
Y CombinatorSan Francisco · $500K
AccelreportedPalo Alto · $1.6M – $70M
Initialized CapitalreportedSan Francisco · $1M – $5M
TCVreportedMenlo Park · $10M – $500M
Valor Equity PartnersreportedChicago
Also in the syndicate · 2
Farallon CapitalLeapfrom
Founder mafia
3 people who came through Sendwave went on to found or lead other companies.
Competitors · 5
by search overlap
Wise24940 shared keywordsWise 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.
Revolut21794 shared keywordsLondon-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
Remitly18058 shared keywordsRemitly is an international money transfer service that enables customers to send money across borders to multiple countries.
Transfer Go14261 shared keywordsTransferGo is a digital money transfer and multi-currency app that lets people send low-cost international payments to over 160 countries, hold and exchange currencies, and spend via a virtual or physical GoCard. It primarily serves migrants and individuals sending money home, and also offers a platform for businesses making cross-border transactions.
Instarem13822 shared keywordsInstarem provides online international money transfers for individuals to send funds to over 60 countries, offering upfront exchange rates, low fees, real-time tracking, and loyalty rewards. It also offers cross-border payment solutions for small and medium businesses to pay overseas suppliers and employees across 160+ countries.
Companies competing with Sendwave for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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 Y Combinator, Accel, Initialized Capital, TCV, Valor Equity Partners.
- Who acquired Sendwave?
- Sendwave was acquired by WorldRemit.
- Where is Sendwave headquartered?
- Sendwave is headquartered in Boston, US.