Stellar Development Foundation Enterprise Fund Invests $5 Million in Wave

The Stellar Development Foundation (SDF) announced a $5 million USD Enterprise Fund investment in African mobile money app Wave. Wave has set out to build a new financial network that addresses problems that currently exist with respect to mobile money. "Stellar Development Foundation and Wave share a common mission, to bring equitable access to financial products across the world. I'm thrilled to collaborate with SDF to bring digital solutions for saving and transferring money across Africa." said Drew Durbin, CEO of Wave.