Press Release

Press Release

Wave Money partners with Myanma Economic Bank to roll out mobile pension payments nationwide

March 15, 2019

Wave Money, the leading mobile financial services provider in Myanmar and Myanma Economic Bank (MEB) are making pension payments more convenient for government pensioners. The two parties today signed a Digital Pension Disbursement Partnership agreement that will extend the benefits of a game-changing mobile pension payment system to retirees nationwide.

Wave Money Celebrates Outstanding Results in 2018, All Set to Surpass Growth in 2019

February 21, 2019

Wave Money, the leading provider of mobile financial services in Myanmar reported outstanding performance in 2018 with exponential business growth, positive economic impact and global recognition.

Wave Money Wins Top Global Financial Inclusion Award

February 1, 2019

Wave Money recently won the ‘Best Technology Solution for Financial Inclusion’ Award. This prestigious award was issued as part of the Central Banking FinTech RegTech Global Awards 2018 in Singapore.

Wave Money Recognized Globally for Innovation in Mobile Financial Services

November 19, 2018

Myanmar’s leading mobile financial services company, Wave Money has been named one of the top 100 Fintech companies in the world by KPMG. Wave Money was the first licensed mobile financial services company to launch in Myanmar, rolling out services in 2016 and just over two years later, Wave Money is putting Myanmar on a global stage.

‘Shwe Toe’ Financial Education Gamification App Launched in Myanmar

June 6, 2018

Yangon, June 4, 2018 – The United Nations Capital Development Fund (UNCDF) and Wave Money, with support from the Australian Department of Foreign Affairs and Trade (DFAT), announced the launch of Shwe Toe, a unique financial education mobile app aimed at increasing financial literacy for women in Myanmar. This app aims to contribute to the achievement of Myanmar’s Financial Inclusion goals.

Wave Money Moves Half a Trillion Kyat in 2018

June 3, 2018

With an agent network of 24,000 Wave shops, the company has more than ten times the number of bank branches in the entire country and over six times the number of ATM’s.

Myanmar Economic Bank and Wave Money Partner to Enable Mobile Money Services for Government Pensioners

February 14, 2018

Yangon, January 18, 2018 - Wave Money, the leading Mobile Financial Service provider in Myanmar, is now making pension payments easier for government pensioners. They can now rely on Wave Shops to withdraw their pensions on any day of the week and at any time convenient for them. Currently, the service is only available to pensioners from North Dagon but will be rolling out to more townships in the coming months.

Wave Money Increases Daily Remittance Limit to 500,000MMK

December 12, 2017

Yangon, December 11, 2017 - Wave Money, the leading Mobile Financial Service provider in Myanmar, has extended its maximum daily transfer limit from 200,000 MMK to 500,000 MMK under the permit of Central Bank of Myanmar. This is a welcome change that will meet the increasing demands of customers to be able to send higher amounts to support livelihoods, businesses and personal financial needs.