Is Wave Safe?
Exercise caution with Wave. Wave is a SaaS platform with a Nerq Trust Score of 48.2/100 (D), based on 3 independent data dimensions. It is below the recommended threshold of 70. Security: 90/100. Popularity: 0/100. Data sourced from company registration, SOC 2/ISO 27001 certifications, privacy policy analysis, and app store metadata. Last updated: 2026-03-29. Machine-readable data (JSON).
Is Wave safe?
NO — USE WITH CAUTION — Wave has a Nerq Trust Score of 48.2/100 (D). It has below-average trust signals with significant gaps in security, maintenance, or documentation. Not recommended for production use without thorough manual review and additional security measures.
Trust Score Breakdown
Key Findings
Details
| Author | Unknown |
| Category | saas |
| Source | N/A |
Safety Guide: Wave
What is Wave?
Wave is a software — Free accounting software for small businesses. Owned by H&R Block..
How to Verify Safety
Review the project for recent activity and known issues.
You can also check the trust score via API: GET /v1/preflight?target=Wave
Key Safety Concerns for softwares
When evaluating any software, watch for: maintenance status, security.
Trust Assessment
Wave has a Nerq Trust Score of 48/100 (D) and has not yet reached Nerq trust threshold (70+). This score is based on automated analysis of security, maintenance, community, and quality signals.
Key Takeaways
- Wave has a Trust Score of 48/100 (D).
- Review carefully before use — below trust threshold.
- Always verify independently using the Nerq API.
Detailed Score Analysis
| Dimension | Score |
|---|---|
| Security | 90/100 |
| Privacy | 51/100 |
| Reliability | 50/100 |
| Transparency | 47/100 |
| Maintenance | 60/100 |
Based on 5 dimensions. Data from company registration, SOC 2/ISO 27001 certifications, privacy policy analysis, and app store metadata.
What data does Wave collect?
Wave is a SaaS platform. Free accounting software for small businesses. Owned by H&R Block.
Privacy score: 51/100. As a SaaS platform, Wave processes user data in the cloud. Review the privacy policy for details on data retention, third-party sharing, and data processing locations.
For business use, request a Data Processing Agreement (DPA) and verify GDPR compliance before uploading sensitive data.
Full analysis: Wave Privacy Report · Privacy review
Is Wave secure?
Security score: 90/100. Free accounting software for small businesses. Owned by H&R Block.
Check Wave's security page for certifications such as SOC 2 Type II, ISO 27001, or GDPR compliance documentation. These certifications indicate that the vendor follows established security practices and undergoes regular audits.
For enterprise deployments, verify SSO/SAML support, role-based access control, and audit logging capabilities.
Full analysis: Wave Security Report
How we calculated this score
Wave's trust score of 48.2/100 (D) is computed from company registration, SOC 2/ISO 27001 certifications, privacy policy analysis, and app store metadata. The score reflects 5 independent dimensions: security (90/100), privacy (51/100), reliability (50/100), transparency (47/100), maintenance (60/100). Each dimension is weighted equally to produce the composite trust score.
Nerq analyzes over 7.5 million entities across 26 registries using the same methodology, enabling direct cross-entity comparison. Scores are updated continuously as new data becomes available.
This page was last reviewed on March 29, 2026. Data version: 1.0.
Full methodology documentation · Machine-readable data (JSON API)
Frequently Asked Questions
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Disclaimer: Nerq trust scores are automated assessments based on publicly available signals. They are not endorsements or guarantees. Always conduct your own due diligence.