Company Overview
Wave Accounting is a small business financial solutions platform acquired by H&R Block for $405M cash in June 2019. 400,000+ small businesses in 200+ countries. Estimated $40-45M revenue for H&R Block FY 2020. 35% revenue growth by June 2021. Operates as independent subsidiary under CEO Zahir Khoja from Toronto. Revenue from payment processing, payroll services (CheckHQ powered, May 2025), bookkeeping. Integrated with Block Advisors for tax filing.
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Key Differentiators
Emerging Innovator
Wave Accounting is an emerging player bringing innovative solutions to the Finance market.
Growth Stage
Wave Accounting has achieved $537M in revenue, demonstrating strong product-market fit.
Massive User Base
Trusted by 2M worldwide, demonstrating broad market appeal and proven reliability.
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