Wave’s Drew Durbin and Lincoln Quirk negotiate $130m from IFC

The unicorn continued to raise funds after its historic $200 million round six months ago. 

28/01/2022 at 12h39, by Africa Business+

The Senegalese-American company, launched almost ten years ago by Americans Drew Durbin and Lincoln Quirk, is on the verge of receiving several tens of millions of dollars from the International Finance Corporation (IFC), the World Bank‘s financial arm for the private sector. The institution is ready to spend $130 million to strengthen the backbone of the payment company.

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