The app features a new dashboard that delivers insights like profit and loss overviews and invoicing stats, as well as a task list. It also allows business owners to customize and send invoices, accept online payments and send reminders while on the go. Further, the new app includes Wave's no-fee business bank account, Wave Money, which includes on-the-go check deposit, income tracking, and free instant payouts. This account comes with a virtual version of the Wave Money Visa Business Debit Card.
"The past years saw explosive growth in entrepreneurship; however, we continue to see small businesses being underserved by traditional banking solutions. The new Wave mobile app is designed to help bridge this gap," said Zahir Khoja, CEO of Wave, in a statement. "When solo entrepreneurs, freelancers, and independent business owners can get access to higher-quality digital bookkeeping, small-business banking solutions, and get paid faster, it helps them improve the performance of their businesses, and helps their families and communities thrive. Our new app is not just a great set of digital tools, but a way to drive financial inclusion and make the opportunities of entrepreneurship more accessible to anyone with a great business idea and a willingness to work hard."
The new app is now available in the Apple Store and Google Play, as well as
