Search Results for "Valar Ventures"
4 results for "Valar Ventures"
Deals 4
Neo Financial Raises $360M to Challenge Traditional Banks in Canada
Canadian challenger bank Neo Financial raised $360M to accelerate growth and position itself as a leading alternative to traditional banks. Notable investors include Shopify founder Tobi Lütke, Slack founder Stewart Butterfield, and Valar Ventures. The round signals strong demand for embedded banking alternatives in Canada.
Migrant Banking Platform Majority Raises $20M in Fifth Funding Round
Majority, a mobile banking platform serving migrants, raised $20 million ($12.5M equity, $7.5M debt) in its fifth funding round. The round was led by prominent fintech founders including Klarna co-founder Victor Jacobsson and iZettle co-founders, with follow-on from Avid Ventures, Valar Ventures, and Heartcore Capital. The funding supports the company's push toward profitability.
Maplerad Raises $6M Seed Led by Valar Ventures for African BaaS Platform
Nigerian BaaS platform Maplerad raised $6 million in seed funding at a $30 million valuation, led by Peter Thiel's Valar Ventures. The U.S.-based company, founded by Miracle Anyanwu and Obinna Chukwujioke, emerged from stealth positioning itself as a global BaaS player targeting Africa. It competes with other Nigerian fintech startups including Anchor, Bloc, OnePipe, and Flutterwave.
Qonto Raises €104M for SME Neobank European Expansion
Paris-based SME neobank Qonto raised €104M as part of a €136M total round from Tencent, DST Global, Valar Ventures, Alven, and the European Investment Bank. The funding supports European expansion and pursuit of a banking license, strengthening Qonto's embedded business banking platform.