Wave HQ

Wave is a company that provides a suite of financial services and online software for small businesses. It offers a cloud-based integrated suite of small business tools including accounting, invoices, payments, and payroll.

Wave delivers innovative financial services and award-winning free software to small- and micro-businesses around the world.

Wave was founded in Nov 16, 2010 by James Lochrie & Kirk Simpson and the company is based in Toronto, Ontario, Canada.

Wave makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll. Over 2 million small business owners, in more than 200 countries around the world, rely on WaveApps to run their business.

Wave currently supports adding custom taxes via settings. However you must manually apply the tax for every transaction as they come in, there is no way to automate it.


Wave was ranked at 99th on the 2017 Fintech100 List. 


Wave was acquired by H&R Block on Jun 11, 2019 for a whooping $537M.



  • Year founded: 2010
  • Funding Info: $79.5M in 9 Funding Rounds (Last Funding Type: Series D)- Wave has also acquired Every in Mar 04, 2019
  • Yearly Revenue: $20M-$50M (2018)
  • Employee Size: 201-500
  • Business Valuation: Acquired for a $537M on June, 11, 2019
  • City/Town: Toronto
  • State: Ontario
  • Country: Canada
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