Startup · $4.7m raised
open banking fintech
Every investor coverage indicates participated in a round Waave raised.
| Investor | Rounds | Invested |
|---|---|---|
| Jack Gance | Seed | - |
| Morten Belling | Seed | - |
| Paul Greenberg | Seed | - |
The transaction that ended Waave's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Banked | Acquisition | 14 Oct 2024 | - | Fintech News Australia, Australian FinTech |
Companies Waave acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ben Zyl | CEO · Founder | Australian FinTech, Startup Daily (27 Jun 2023), Startup Daily (7 Jun 2023), SmartCompany, Startup Daily (19 Apr 2023) |
| Jack Gance | Advisor (former) | Startup Daily |
| Mark Connolly | Founder | Startup Daily (27 Jun 2023), SmartCompany, Startup Daily (19 Apr 2023) |
| Peter Traianou | Founder | Startup Daily (27 Jun 2023), Startup Daily (19 Apr 2023) |
Stories naming Waave. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.
British Pay by Bank firm Banked has bought Australian payments startup Waave, deepening its Australian market push and gaining Waave's merchant pipeline, led by Chemist Warehouse, which plans a launch in early 2025.
Waave's co-founder criticises the NSW Government's abrupt pause of the MVP Ventures grant program, arguing it will cripple startups, and mentions his company's recent seed raise and allocated grant.
Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.
A weekly roundup reporting seven Australian startups that together raised more than $66 million, including Novalith, Propeller, Cortical Labs, Waave, Restoplus, Empiraa and The Very Good Bra.
Payments startup Waave has raised a $4.7 million seed round from individual backers including Jack Gance, who also joins as advisor, ahead of an enterprise rollout of its Pay by Bank product.