Wave, a fintech unicorn disrupting financial services across Africa, has appointed Joël Bertrand Ndjodo as its country manager for Cameroon, aligning with its expansion strategy.
This appointment comes on the heels of Wave’s recent $137 million debt funding round aimed at scaling its operations in both new and existing markets.
Having recently entered the Cameroonian market, Wave is positioning itself to compete for market share with already established telecoms like MTN and Orange in the country.
The company currently operates in eight African countries, including Senegal, Côte d’Ivoire, Mali, The Gambia, Burkina Faso, and Cameroon.
Ndjodo is a digital financial services specialist with over two decades of experience in both local and international management roles. His career spans the telecoms, oil, and consulting sectors, and he previously served as MTN Cameroon’s Senior Mobile Money Manager.
Wave officially entered Cameroon through a strategic partnership with Commercial Bank Cameroon (CBC).
Authorised by the regional banking regulator, Cobac, the partnership allows CBC clients to perform cash deposits, withdrawals, pay bills, receive international transfers, buy airtime, and move money between mobile wallets and bank accounts.
In his new role, Ndjodo is tasked with sustainably establishing Wave’s presence in Cameroon and positioning the fintech to tap into the country’s fast growing and competitive financial services market.
