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VALR

Operating

VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.

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Total raised
$54.9M
disclosed
Last round
$50M
Series B · Feb 2022
Rounds
3
since 2018
Employees
2-10

About VALR

VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies. Here's why: There is a socio-financial transition taking place in the world. The organisation of our world into nation-states no longer ministers to the needs of humanity. Humanity yearns to be unified; yet our structures continue to divide us. Money is one of those structures, predominantly defined by the nation-state. The divisions and frictions caused by our antiquated nation-state system have permeated our financial system. These frictions license financial intermediaries to extract financial value from humanity’s cross-border relationships, often at exorbitant rates. “It is expensive to be poor” is truer in the financial industry than any other. We need a new organisational paradigm for society that transcends the nation-state. This in turn will remove some of the frictions in our financial system. But our political systems are mired in vested interests that a deliberate transition by those in power to a system that puts the whole ahead of its constituent parts seems unimaginable, propagating the financial frictions. In the absence of a societal paradigm that eliminates these man-made frictions, cryptocurrencies (and cryptoassets in general) have emerged and rise above national borders. Cryptocurrencies hold the promise of being the most frictionless asset class humanity has ever seen. Yet the process to access these assets from our traditional financial system remains difficult. VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies. Our mission is to usher in a new financial paradigm.

VALR funding3 rounds

All 3 rounds →

VALR has raised $54.9M across 3 rounds. The latest is a $50M Series B announced 28 Feb 2022.

Capital growthrunning total of disclosed rounds
  1. $3.4MSeries ASeries A, $3.4M, $3.4M raised to date
  2. $50MSeries BSeries B, $50M, $53.4M raised to date

SLA Funding Index · grey is capital raised before each round

RoundAmount
VALR Series B28 Feb 2022
Led by Pantera Capital +2
$50M
VALR Series A21 Jul 2020$3.4M

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VALR founders & team

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VALR competitorssame sector · similar funding

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All 3 Bitcoin startups in South Africa

Frequently asked about VALR

Where is VALR based and when was it founded?
VALR is headquartered in Johannesburg, South Africa and was founded in 2018.
Who founded VALR?
Founders listed for VALR include Badi Sudhakaran (Co-Founder & CPO) and Farzam Ehsani (Co-Founder & CEO).
Who is the CEO of VALR?
Farzam Ehsani is VALR's Co-Founder & CEO.
How much funding has VALR raised?
VALR has raised $54.9M across 3 funding rounds. Its latest, a $50M Series B, was announced on 28 Feb 2022.
Who has invested in VALR?
Backers include Pantera Capital, Alameda Research and Cadenza.
What sector is VALR in?
VALR operates in Bitcoin, Financial Services and FinTech.