VALR Revenue and Competitors

Johannesburg, South Africa

Location

#895

Growjo Ranking

Estimated Revenue & Valuation

  • VALR's estimated annual revenue is currently $1.5M per year.(i)
  • VALR's estimated revenue per employee is $60,720
  • VALR's total funding is $55M.
  • VALR's current valuation is $240M. (March 2022)

Employee Data

  • VALR has 25 Employees.(i)
  • VALR grew their employee count by 9% last year.

VALR's People

NameTitleEmail/Phone
1
Head LegalReveal Email/Phone
2
Co-Founder & Chief Product OfficerReveal Email/Phone
3
Country HeadReveal Email/Phone
4
Outreach & Event CoordinatorReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$195.2M1050-26%$13.8MN/A
#2
$1.8M205%N/AN/A
#3
$1239.9M1362513%N/AN/A
#4
$5920M62920%$552.3M$60.2B
#5
$4.3M410%N/AN/A
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What Is VALR?

ALR 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.

keywords:N/A

$55M

Total Funding

25

Number of Employees

$1.5M

Revenue (est)

9%

Employee Growth %

$240M

Valuation

N/A

Accelerator

VALR News

2022-04-13 - Shiba Inu Lists on SouthAfrican Exchange, Bringing Access to Thousands of Customers

This will allow thousands of VALR users to be able to buy and sell Shiba Inu using South African Rand. SHIB thus joins the likes of BTC, ETH,...

2022-04-06 - VALR raises R750m and goes off to conquer the world

VALR is another South African crypto success story. Having just raised R750 million, valuing the company at R3.7 billion, VALR is off in...

2022-03-22 - VALR.com Raises $50 Million in Africa's Largest Ever Crypto ...

VALR is a digital-asset platform headquartered in Johannesburg, South Africa, that allows customers to buy, sell, store and transfer Bitcoin and...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A2556%N/A
#2
$2.2M2673%N/A
#3
$4.1M260%N/A
#4
$2.6M2673%N/A
#5
N/A27108%N/A