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Waza

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Waza

B2B payments platform for emerging markets.

waza.co
HQ: Lagos, LA, Nigeria
11-50
Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

Waza is a B2B global payments and treasury management platform for emerging market businesses, helping companies manage cross-border payments, FX liquidity, invoicing, and treasury operations through APIs and a web platform.

Primary product

Global payments and treasury management platform (including Lync multi-currency banking/accounts and API-based cross-border payments)

Founded

2023

Headquarters

New York, New York, United States; registered address in Lekki, Lagos, Nigeria

Team size

10-20

Work style

Flexible

Industry

Financial Services

Sub-industry

B2B cross-border payments and treasury infrastructure

Offices

New York, New York, United States
Lagos, Nigeria
Ghana
Nigeria

Business model

FX spreads
transaction take rate
API/platform usage
trade finance / invoice financing

Funding

Stage

Seed

Total raised

$9.2M

Latest round

Debt · Aug 2024

Latest amount

$5M

Seed

Aug 2024 · Y Combinator

$3M

Debt

Aug 2024 · Timon Capital

$5M

Pre-seed

Jan 2023 · Not publicly specified

$1.2M

People & investors

Leadership

Maxwell Obi

Co-founder & CEO

Emmanuel Igbodudu

Co-founder & CTO

Chinonso Ohakwe

Head of Business Operations

Susan Ade-Ilesanmi

Head, FX Trading & Payments

Muyiwa Babarinde

Head of Marketing & Growth

Investors

Byld Ventures
Heirloom VC
Norrsken Africa
Norrsken22
Olive Tree Capital
Plug and Play Tech Center
Timon Capital
Y Combinator

Work & culture

Values emphasize ownership, innovation, service, transparency, integrity, and collaboration, with a customer-first and experimentation-oriented culture.

Work style

Flexible

Compensation

No public salary band was found. Public signals suggest competitive compensation and bonus potential, but exact pay is not disclosed.

Benefits

Health insurance
Gym memberships
Paid parental leave
Paid annual leave
Employee pension plans
Mentorship
Career advancement support
Flexible work arrangements

Product & market

Pricing

FX spread plus a 0.75% to 1% take rate; additional pricing for platform/API and treasury services is not publicly detailed.

Differentiators

  • —Built for emerging-market businesses with limited access to hard currency
  • —Supports USD, EUR, GBP and local rails
  • —API-first global payments and treasury infrastructure
  • —Invoice and receivables management features
  • —Trade finance pilot/invoice financing beta
  • —Regulatory footing including MSB registration and CBN IMTO licensing

Technology

APIs
web platform
multi-currency banking infrastructure
dashboard for reconciliation
invoice management
customizable invoicing
virtual account APIs
fraud prevention tools
real-time monitoring
ISO compliance
PCI DSS compliance

Customers

Emerging market businesses
African businesses
Importers
Traders
Multinational organizations
Fintechs
Developers
Large enterprise clients
Technology companies

Competitors

Payoneer
Remitly
Wise
traditional banks
local cross-border payment providers

Scale & contact

Estimated revenue

Under $1M annually (LinkedIn estimate)

hello@waza.co+234 (0) 8131310230

Latest news

Waza Secures IMTO Licence from the Central Bank of Nigeria

Waza Blog · Jun 2025

Waza announced it was granted an International Money Transfer Operator licence by the Central Bank of Nigeria, expanding its regulated remittance capabilities in Nigeria.

Waza launches Lync, a multi-currency banking platform for Africa

TechMoran · Jan 2025

Coverage of Waza’s launch of Lync, a multi-currency account platform supporting several currencies and payments to more than 100 countries.

Waza Launches Multi-Currency Account Platform for Emerging Markets

IT News Africa · Jan 2025

Reports on the launch of Lync, Waza’s multi-currency account platform for businesses in emerging markets.

Waza comes out of stealth with $8 million funding to power global trade for African businesses

Waza Blog · Aug 2024

Waza announced $8 million in combined equity and debt financing and said it had served hundreds of businesses.

Waza comes out of stealth with $8M to power global trade for African businesses

TechCrunch · Aug 2024

TechCrunch covered Waza’s $8 million round, expansion plans beyond Ghana and Nigeria, and its target customer segments.

AboutAML PolicyAPI ReferenceBlogCareersContactDocsLync signupPrivacy PolicyWebsite
SourcesWaza AboutWaza CareersWaza ContactWaza Privacy PolicyWaza Blog: Stealth funding announcementWaza Blog: IMTO licenceWaza Blog: Lync dedicated virtual account APIsTechCrunch funding articleY Combinator profileLinkedIn company page

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