About Valens Pay
Valens Pay is a company based in Kelowna (Canada) founded in 2020.. Valens Pay has raised $100 thousand across 1 funding round. Valens Pay offers products and services including Fintech Platform, IBAN Account, Debit Card, and Valens Pay App. Valens Pay operates in a competitive market with competitors including Saven Financial, Zag Bank, PayWRX, GG Bank and Montreal Credit Union Bank, among others.
- Headquarter Kelowna, Canada
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Valens Pay London Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Feb 09, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Valens Pay
Valens Pay offers a comprehensive portfolio of products and services, including Fintech Platform, IBAN Account, Debit Card, and Valens Pay App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accessing traditional and digital banking tools.
Enables users to manage named IBAN accounts across currencies.
Facilitates easy access and spending of funds worldwide.
App for handling financial services and user transactions securely.
Funding Insights of Valens Pay
Valens Pay has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $100,000
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First Round
First Round
(09 Feb 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Valens Pay | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Valens Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Valens Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Valens Pay Comparisons
Competitors of Valens Pay
Valens Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Saven Financial, Zag Bank, PayWRX, GG Bank and Montreal Credit Union Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Delivers an app-based platform for managing and growing personal savings.
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| domain | founded_year | HQ Location |
Operates as an online-only bank.
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| domain | founded_year | HQ Location |
Delivers a digital platform for comprehensive finance management solutions.
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| domain | founded_year | HQ Location |
Online banking platform for gamers with payments, transfers, and bonuses services.
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| domain | founded_year | HQ Location |
Provides personal and business banking, loans, insurance, and wealth management services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Valens Pay
When was Valens Pay founded?
Valens Pay was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Valens Pay located?
Valens Pay is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
Who is the current CEO of Valens Pay?
Torben Pedersen is the current CEO of Valens Pay.
Is Valens Pay a funded company?
Valens Pay is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Feb 09, 2024.
What does Valens Pay do?
Valens Pay was founded in 2020 in Kelowna, Canada, and functions within the fintech sector. Access to IBAN accounts, multi-currency storage, SEPA transfers, international payments, and debit cards is enabled for individuals and businesses. Corporate accounts are supported with multiple user roles and access controls. Operations emphasize straightforward platform use, informed by user input, and a mobile app is made available for account management.
Who are the top competitors of Valens Pay?
Valens Pay's top competitors include Saven Financial, Zag Bank and PayWRX.
What products or services does Valens Pay offer?
Valens Pay offers Fintech Platform, IBAN Account, Debit Card, and Valens Pay App.