Walrus

Walrus

About Walrus

Simplify's Rating
Why Walrus is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Fintech

Cybersecurity

Company Size

1-10

Company Stage

Seed

Total Funding

N/A

Headquarters

Bengaluru, India

Founded

2019

Overview

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Simplify's Take

What believers are saying

  • Neobanking is gaining traction among younger demographics, aligning with Walrus's target market.
  • The rise of digital wallets and contactless payments offers expansion opportunities for Walrus.
  • Collaborations with traditional banks can enhance Walrus's offerings and customer base.

What critics are saying

  • Increased competition from established neobanks like N26 and Revolut in India.
  • Regulatory scrutiny in India may lead to stricter compliance requirements for Walrus.
  • Rapid technological advancements could make Walrus's offerings obsolete without continuous innovation.

What makes Walrus unique

  • Walrus targets younger demographics with user-friendly interfaces and personalized financial services.
  • Walrus plans to expand its team and enhance product features with new funding.
  • Walrus can leverage AI for personalized and efficient customer interactions.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Relocation Assistance

Unlimited Paid Time Off

Company Equity

Company News

DealStreetAsia
Jul 15th, 2020
India Deal Monitor: Better Capital invests in neobank Walrus and more updates

The startup said, it plans to utilise the funding to expand its team and enhance product features.

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