Sendwave logo

Sendwave Review 2026

Fee-free money transfers to Africa, Asia, and Latin America.

Personal transfers
3 regulators cited
Public-source profile

Review focus

Use this page to understand provider fit, then compare your exact route before you send.

Fact-check status

Public-source profile. Verify current licence status, payout coverage, and fees before sending. Source table updated 19 May 2026.

Sources used

4 external source links shown below, including provider-owned pages and regulator lookups where available.

Policy context

Read the Methodology and Commercial Policy to understand how commercial relationships are separated from organic ranking logic.

Quick Facts

Founded

2014

Countries

50+

Speed

Instant to minutes

Typical Fees

No fees (rate margin only)

Decision Snapshot

Best use cases

Sending to Africa (Ghana, Kenya, Nigeria, Tanzania)
Mobile money transfers
Small to medium regular remittances
Users wanting the simplest possible experience

What to verify before you click out

Check that your send country, receive country, and payout method are supported on the exact route.

Compare the full recipient outcome, not just the headline exchange rate.

Confirm the final quote and transfer timing on the provider checkout page before sending.

Overview

Sendwave is a mobile-first money transfer app focused on selected routes from the US, UK, Canada, and Europe to Africa and South Asia. Founded in 2014, Sendwave was acquired by WorldRemit's parent company Zepz in 2021. The app is commonly compared for mobile money delivery where the route is supported.

Pros and Cons

Pros

  • No separate transfer fees on selected routes
  • Instant delivery to mobile money wallets
  • Simple mobile-first experience
  • Strong coverage in Africa and South Asia
  • Backed by Zepz (WorldRemit parent)

Cons

  • Limited to specific corridors (Africa, Asia)
  • Exchange rate includes margin
  • Weekly transfer limits ($5,000)
  • No business accounts or advanced features

Best For

Sending to Africa (Ghana, Kenya, Nigeria, Tanzania)
Mobile money transfers
Small to medium regular remittances
Users wanting the simplest possible experience

How Sendwave Works

Download the Sendwave app, enter your recipient's phone number, choose the amount, and pay with your debit card or bank account. Delivery timing depends on the route and payout partner, including mobile money wallets such as M-Pesa, MTN, or Airtel Money where supported.

Fee Structure

Sendwave commonly prices through the exchange rate rather than a separate transfer fee on selected routes. Confirm the displayed rate, margin, payout method, and final recipient amount in the app before sending.

Min Transfer

$1

Max Transfer

$5,000 per week

Mobile App

Yes

Business Account

No

Popular Corridors

Use these routes to test whether Sendwave fits your actual transfer need. Corridor coverage is directional rather than universal.

Sendwave FAQs

Is Sendwave really free?

Sendwave may show no separate transfer fee on selected routes, but the exchange rate can include a margin. Compare the final recipient amount with other providers before sending.

Which countries can I send to with Sendwave?

Sendwave supports sending to Ghana, Kenya, Nigeria, Tanzania, Uganda, Senegal, Bangladesh, and several other African and South Asian countries. Coverage is focused but growing.

How fast does Sendwave deliver money?

Most mobile money transfers arrive instantly. Bank transfers may take a few hours to 1 business day depending on the destination.

Is Sendwave part of WorldRemit?

Sendwave and WorldRemit are both owned by Zepz, but they operate as separate products. Sendwave focuses on a simple, fee-free mobile experience for specific corridors, while WorldRemit covers more countries and delivery options.

Our Verdict

Sendwave may fit app-led transfers to supported African and South Asian destinations such as Ghana, Kenya, Nigeria, or Bangladesh, especially where mobile money payout matters. Confirm the route, fee model, exchange-rate margin, and payout timing before sending.

Regulation & Security

Sendwave is regulated by the following financial authorities:

FinCEN (US)
FCA (UK)
State Money Transmitter Licenses (US)

Headquartered in New York, USA. Verify the exact licence and payout coverage for your sending country before you transfer.

Sendwave Review 2026 - Fees, Rates & Features | CompareRemittanceRates | CompareRemittanceRates