Sendwave

sendwave.com · Boston, United States of America

Sendwave is a digital remittance company that provides a mobile app for migrants to send money from North America and Europe to countries in Africa, Asia, and Latin America. The platform enables low-fee, near-instant transfers directly to mobile wallets, bank accounts, or for cash pickup, monetizing through transaction fees and foreign exchange spreads. It primarily serves individuals sending personal remittances to family and friends abroad.

Revenue
$70.0M
Employees
350
Founded
2014
Headquarters
Boston, United States of America

What 14 Arbolus experts think of Sendwave

NPS scores are concentrated between 6 and 10, with majority scores at 7–9 from long-term customers and lower (4–6) from newer or pilot users. Renewal intent is high among established, higher spend customers, while those in pilot or offboarding phases are less certain or negative. Stickiness is strongest after one year, with a clear pattern of higher loyalty and satisfaction among those with extended platform usage. Overall themes highlight strong platform value, but some uncertainty remains in early stages and among low engagement users.Overall Customer Sentiment: Positive

Who reviewed Sendwave

Total customers 14 11 current · 3 former
Reviews growth +6 in six months
Seniority of respondents
  • C-Suite 69% (10)
  • Director 23% (3)
  • Manager 8% (1)
Finance Analyst Not specified NPS 4
Not specified Manager NPS 10
Legal Executive Director NPS 6 Undecided

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Sentiment

-14 Net Promoter Score, from 14 scored reviews
  • Promoters 3
  • Passives 6
  • Detractors 5

Cumulative NPS by month

-1 over 5 months
  • Sep 8
  • Mar 7
  • Apr 7
  • May 7
  • Jul 7

Net Promoter Score across 3 reviews, accumulated up to each month. Category median 15 across 3 companies.

Written answers and themes publish with the full report.

Renewal intent

Plan to renew 60%
  • Will renew 6
  • Undecided 2
  • Not renewing 2

Plan to renew, by seniority

  • C-Suite 71% 7 answers
  • Director 33% 3 answers
  • 8.3/10 Average score from customers who will renew
  • 6.5/10 Average score from undecided customers
  • 6/10 Average score from customers not renewing

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