WAAVE, an Australian fintech and open banking platform, has raised AUD 4.7 million in a seed round, led by Reinventure and AirTree Ventures. Waave’s platform uses open banking APIs to provide real-time financial data and insights to small and medium-sized businesses, enabling them to manage their cash flow, expenses, and invoicing more effectively. The funding will be used to expand Waave’s customer base, and develop new products and partnerships.
Open Banking Fintech Waave Rides $4.7 Million Seed Round