V

Valora

www.valora.xyz link_icon

Valora: Company Market Research Report





Company Overview



  • Name: Valora Inc.


  • Mission: Valora aims to unlock access to financial opportunity so everyone can create and share value without barriers.


  • Founded: No information is available on the exact founding date.


  • Founders: No information is available on the founders of the company.


  • Key People:

  • Jackie Bona, CEO

  • Silas Boyd-Wickizer, CTO

  • Denisse Halm, COO


  • Headquarters: No information is available on the headquarters location.


  • Number of Employees: No information is available on the number of employees.


  • Revenue: No information is available on the company's revenue.


  • Known For: Valora is recognized for facilitating global and instant cryptocurrency transactions, empowering users to send funds across continents using mobile devices.


Products



Valora App



  • Description: Valora is a mobile application that simplifies the process of saving, sending, and trading cryptocurrencies, particularly stablecoins.


  • Key Features:

  • Instant Transactions: Users can send crypto instantly with minimal fees.

  • Stablecoin Access: Offers access to stablecoins like USDT and USDC across multiple chains.

  • Crypto Rewards: Integration with decentralized applications (dapps) to earn rewards and maximize crypto potential.

  • Mobile Optimized: Designed for seamless mobile experience, allowing token swaps and crypto sends in a few taps.

  • Explore Web3: Ability to explore various web3 apps for expanding cryptocurrency usage.


Recent Developments



  • New Products:

  • Introduction of the Celo Euro (cEUR), a Euro-pegged stablecoin now available in the Valora mobile app.


  • New Features:

  • Launch of the "Supercharge" feature offering a 12% annual return on stablecoins through the Valora app.


  • Partnerships:

  • Collaboration with the Grameen Foundation to deliver humanitarian aid to 3,500 micro-entrepreneurs using Celo’s Blockchain.


  • Funding Achievements:

  • Raised $20 million in a Series A funding round, led by prominent investors including a16z.


Additional Information



  • Media Coverage:

  • Cryptocurrency payments' role in reducing cross-border remittance costs and enhancing microwork adoption in Africa (TechCrunch, February 2022).

  • Innovations impacting shopping, spending, and savings (ZDNet, January 2022).

  • Investment by celebrities such as Kevin Durant, Nas, and Casey Neistat (Business Insider, November 2021).

  • A significant investment by a16z trusting Valora as a global gateway to crypto (CoinDesk, July 2021).


  • Company Philosophy: Valora emphasizes the need for individuals to access information, education, and tools requisite for wealth building in a globally interconnected ecosystem.


  • Backers and Supporters: No specific details are available on additional backers or supporters beyond the aforementioned investors.




Note: Where information was unavailable, the data is listed as "No information is available." This report is constructed from the current dataset provided without external sources.