Valora

Valora

Self-custody crypto wallet on Celo blockchain

About Valora

Simplify's Rating
Why Valora is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

11-50

Company Stage

Series A

Total Funding

$19.5M

Headquarters

San Francisco, California

Founded

2013

Overview

Valora offers a self-custody crypto wallet that gives users full control over their digital assets and operates on the Celo blockchain for fast and low-cost transactions. Users can send, swap, collect, and purchase digital goods, making it a versatile tool for crypto transactions. Valora stands out with its focus on user autonomy and security, providing a free app with optional premium features and generating revenue through transaction fees and a feature that offers stablecoin returns. The company's goal is to democratize financial opportunities and enhance financial literacy, making cryptocurrency accessible to everyone.

📈
Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Integration with Opera Mini Wallet could expand Valora's user base in Africa.
  • Collaboration with Arigallery aligns with the growing trend of NFTs, attracting art enthusiasts.
  • Celo's new brand identity could enhance Valora's visibility within the ecosystem.

What critics are saying

  • Increased competition from platforms like Cryptohunt could attract Valora's potential user base.
  • Integration of Mento assets into Opera Mini Wallet may divert users from Valora.
  • Celo 2.0 roadmap changes may require Valora to adapt, causing resource challenges.

What makes Valora unique

  • Valora offers a self-custody wallet, giving users full control over digital assets.
  • The wallet operates on the Celo blockchain, ensuring fast, secure, and low-cost transactions.
  • Valora's user-friendly interface makes crypto accessible even on basic smartphones.

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Funding

Total Funding

$19.5M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Valora
$100M
GitHub

Benefits

Stock options

Health coverage

Flexible time off

Parental leave

Growth & development workshops

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

8%

2 year growth

2%
Business Wire
Jan 11th, 2023
Celo Unveils New Brand Identity

SAN FRANCISCO--(BUSINESS WIRE)--The Celo Foundation, which nurtures and promotes the mobile-first, carbon-negative layer-1 Celo blockchain and its ecosystem, reveals a reimagined brand identity and vision designed in collaboration with New York-based agency Red Antler, alongside a series of partner launches and awareness campaigns aimed toward mainstream adoption of Web3 by everyday users around the world.As the regenerative blockchain making the world a better place, Celo’s new identity features a block system as a cornerstone to showcase the ecosystem’s connection to the world and the transformative impact it enables for un- and under-banked communities and the climate. Complementing this visual system is fluid typography and bold color treatment, with core colors Prosperity Yellow and Forest.“Brand is often an afterthought in Web3, but mission-driven projects like Celo require attention to storytelling and emotion,” says Deana Burke, the Celo Foundation’s Head of Marketing. “We are excited to launch our new brand identity to garner greater awareness and understanding of Web3, and all those in our community who are building with purpose.”As a decentralized, permissionless platform governed by the community, the process of building brand consensus followed months of continued collaboration between the Celo Foundation’s Marketing team, led by Head of Marketing Deana Burke, and active Celo community members, developers, founders, validators, and investors from Rio de Janeiro to Lagos, with over 75 meetings totaling 150+ hours.“With the rapid growth the Celo ecosystem has seen over the past three years, it felt right to co-create this new brand identity and bring together the people who today shape where Celo is going. I love the result and think it is a true testament to the strength of our community,” says Rene Reinsberg, Celo Foundation President and Celo Co-Founder.In celebration of the Celo community’s mission to create the conditions of prosperity for all since the mainnet launch in April 2020, Celo’s brand evolution, or #CeloEvolution, sees partner launches from Opera (1/11), a Web3 browser that will integrate Mento stable asset cUSD into its Opera Mini Wallet, available to over 70 million users in Africa, and GoodDollar (February 2023), a Web3 protocol promoting Universal Basic Income (UBI).On January 12, a one-week NFT auction, created in collaboration with Valora, a Celo native payments wallet, and Arigallery, a mobile-first NFT marketplace on Celo, will debut, featuring eight global artists, including Mercy Thokozane Minah (South Africa), Juan Jose Giraldo Campuzano (Colombia), and Marzia Braggion (Portugal), among others inspired by Celo’s unique mission.On January 23, CoinMarketCap will launch videos to educate users around the world about the blockchain’s regenerative ecosystem and how Mento stable assets (including cUSD, cEUR, and cREAL) can be used for real-world application.Celo will also prominently feature its new branding in a spotlight campaign with Brave Browser, a Web3 leader with 59+ million users and built-in Brave Wallets that provide access to Web3 tools. This follows Brave’s integration of the Celo blockchain in September 2022, which provided Brave users with the ability to engage with Mento stable assets through self-custodial Brave Wallets, as well as with Celo’s diverse ecosystem of purpose-driven, decentralized applications (dapps), including EthicHub and impactMarket.Concurrently, cLabs, a mission-focused blockchain technology organization and part of the community working on Celo, has been developing a technical roadmap for Celo 2.0 and will be sharing a progress report in the coming weeks for further discussion with the community.To learn more about Celo and its new brand identity, please visit celo.org.About CeloCelo is a carbon-negative, permissionless, layer-1 protocol with a rich ecosystem of global partners building innovative Web3 applications within the DeFi, ReFi, and NFT sectors on Celo. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo Protocol), the CELO native token, and several Mento stable assets (cUSD, cEUR, cREAL) that enable anyone to use digital assets like currency

El Referente
Jul 8th, 2022
Santander Y Oxentia Foundation Anuncian Los 20 Proyectos Finalistas De Su Reto Sobre Blockchain

El reto global Santander X Global Challenge | Blockchain and Beyond, lanzado por Banco Santander en colaboración con Oxentia Foundation, ha dado a conocer sus 20 finalistas. Se trata de 10 startups y 10 scaleups seleccionadas entre más de 400 proyectos de 11 países.

PRWeb
Jun 9th, 2022
Cryptohunt Launches “Duolingo for Crypto”, Following a Pre-Seed...

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Valora
Sep 24th, 2021
Valora launches Supercharge

That’s why Valora is launching Supercharge—the easiest way to grow your crypto.

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