Walrus

About

Company Stage

Seed

Employees

11-50

Industries

Fintech, Cybersecurity

Total Funding

N/A

Headquarters

Bengaluru, India

Founded

2019


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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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Growth & Insights
Headcount

6 month growth

-9%

1 year growth

-9%

2 year growth

-28%

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

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