When was WaveCrest founded?

WaveCrest was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is WaveCrest located?

WaveCrest is headquartered in Gibraltar, Gibraltar. It is registered at 6th Floor, N Heights, Plot No.38, Phase 2, Hitech City, Hyderabad, Hyderabad, Telangana, India, 500032.

How many employees does WaveCrest have?

As of Apr 30, 2026, the latest employee count at WaveCrest is 154.

Is WaveCrest a funded company?

WaveCrest is a funded company, having raised a total of $32.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on May 06, 2010.

When was the latest funding round of WaveCrest?

WaveCrest's latest funding was a $***** Series E round on Oct 19, 2015, with participation from 1 investor.

Where does WaveCrest rank among its competitors?

WaveCrest ranks 10th amongst 165 active competitors, of which 9 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Oracle, which secured $77.8M in Feb, 2025.

Who are the top competitors of WaveCrest?

WaveCrest's top competitors include Oracle, SAP and Infor. Among them, Oracle secured the most recent funding round in February, 2025.

WaveCrest - 2026 Company Profile, Team, Funding & Competitors

Company Details

Wave Crest Holdings Limited, a prepaid card program management firm, develops and manages payment processing solutions. Its eMoney platform enables to develop, integrate, and operate prepaid card programs. It supports a range of card types, such as gaming payout cards, payroll cards, corporate cards, government cards, money transfer cards, gift cards, and mobile solutions. The company also provides design and implementation, total program management, and cardholder services; and card distribution, marketing, and program management services. It serves corporate and government clients in Gibraltar and internationally. The company is based in Gibraltar.

Website: wavecrest.gi
Registered Address: 6th Floor, N Heights, Plot No.38, Phase 2, Hitech City, Hyderabad, Hyderabad, Telangana, India, 500032

Key Metrics

Founded Year

2009

Location

Gibraltar, Gibraltar

Stage

Deadpooled

Total Funding

$32.9M in 4 rounds

Latest Funding Round

Series E, Oct 19, 2015, $*****

Investors

Upfront Ventures & 3 more

Ranked

10^th among 165 active competitors

Employee Count

154 as on Apr 30, 2026

Similar Companies

Zaggle & 1278 more

View WaveCrest's full profile

WaveCrest is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WAVE CREST PAYMENT TECHNOLOGY PRIVATE LIMITED CIN: U72400TG2011PTC073747 , India, Active	Apr 07, 2011	0 - ₹10 Cr (As on Mar 31, 2025)	-

WaveCrest has raised a total funding of $32.9M over 4 rounds. Its first funding round was on May 06, 2010. Its latest funding round was a Series E round on Oct 19, 2015 for $*****. 1 investor participated in its latest round. WaveCrest has 4 institutional investors.

Here is the list of recent funding rounds of WaveCrest:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2015	3441207	Series E	3699709	5198825	2784655	8353753
Aug 15, 2011	4075611	Series B	1394751	3383940	4361562	8755688
Feb 28, 2011	9157843	Series B	4400825	4805752	7473379	1097494

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View details of WaveCrest's funding rounds and investors

The founders of WaveCrest is Miles Paschini.

Here are the details of WaveCrest's key team members:

Miles Paschini: Former Co-Founder of WaveCrest and founder of 3 other companies, FV Bank, PayGlobal and B21.

View details of WaveCrest's Founder profiles and Board Members

WaveCrest's employee count trend

WaveCrest has 154 employees as of Apr 26. Here is WaveCrest's employee count trend over the years:

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Top competitors of WaveCrest include Oracle, SAP and Infor. Here is the list of Top 10 competitors of WaveCrest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	rifvc.com, Glynn Capital & 32 others	83/100
2nd	SAP 1972, Walldorf (Germany), Public	Provider of business applications, technology, and cloud enterprise resource planning	-	Elliott Management, Triodos Investment Management ... & 12 others	81/100
3rd	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	LC Waikiki, Maxam Capital & 18 others	79/100
4th	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, New Mountain Capital & 3 others	77/100
5th	TOTVS 1983, Sao Paulo (Brazil), Acquired	ERP solution for range of industries and companies	-	CPP Investments, Venture Partners do Brasil ... & 1 others	75/100
6th	Unit4 1980, Sliedrecht (Netherlands), Acquired	Platform offering cloud based enterprise resource planning software for businesses	-	Western Technology Investment, Navitas Capital ... & 2 others	62/100
7th	Wiise 2013, Sydney (Australia), Series A	Provider of enterprise resource planning software for business management	$10.2M	KPMG, Stone & Chalk & 1 others	58/100
8th	Gamut Infosystems Limited 1990, Kolkata (India), Funding Raised	Accounting and ERP management platform	-	-	51/100
9th	Works Applications 1996, Chiyoda City (Japan), Unfunded	Developer of artificial intelligence powered enterprise resource planning software systems	-	-	50/100
10th	WaveCrest 2009, Gibraltar (Gibraltar), Deadpooled	Electronic payment solution provider	$32.9M	Demtech, Vesuvio Ventures & 2 others	49/100