wajve is a financial platform for Generation Z that combines comprehensive banking services with real-time tips to offer banking, advice, and education. The company has just launched its platform and intends to use the new funding to accelerate roll-out for first customers in Germany before expanding into other European markets. Leadership includes CEO and co-founder Bastian Krautwald and co-founder David Meyer. The article reports the company employs 20 people, plans to hire 20 more, and has been profitable since late 2020. It also notes a student financing app associated with the business has over 100,000 registered students and generates a six-digit monthly EBITDA. wajve plans to operate a lock-in model to monetise initial customer acquisition and increase sales of financial products.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2021