About Valens Pay
Valens Pay is a Financial Services company based in Kelowna (Canada) founded in 2020. Multi-currency payment and account services are provided to users. Valens Pay has raised $100 thousand across 1 funding round. Its chief executive, as recorded, is Torben Pedersen. Valens Pay offers products and services including Fintech Platform, IBAN Account, Debit Card, and Valens Pay App. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its legal entity is VALENS PAY LONDON LIMITED. Its competitors include Saven Financial, Zag Bank and PayWRX.
Company details
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.
- Headquarters Kelowna, Canada
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website valenspay.com
- Social LinkedIn
- Legal Name Valens Pay London Limited
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Feb 2024
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.
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.
Apps and channels of Valens Pay
Valens Pay publishes 2 mobile apps with over 50 downloads.
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 $100,000
- Total Rounds 1
- Last Round Seed — $100,000
- First Round $100,000
(Feb 2024)
All 1 funding rounds of Valens Pay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $100,000 | Seed | – | – | – |
People of Valens Pay
1 people are tracked at Valens Pay (1 in leadership).
| Name | Role | Group |
|---|---|---|
Torben Pedersen | CEO | Leadership |
Complete people profiles for Valens Pay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Valens Pay
2 dated milestones of Valens Pay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Valens Pay is founded.
- Funding First funding round of $100K.
Competitors of Valens Pay
Valens Pay has 3 listed competitors in our database. They include Saven Financial, Zag Bank and PayWRX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savenfinancial.ca | 2019 | Hamilton, Canada | Delivers an app-based platform for managing and growing personal savings. | |||
| zagbank.ca | 2003 | High River, Canada | Operates as an online-only bank. | |||
| paywrx.com | 2023 | New Westminster, Canada | Delivers a digital platform for comprehensive finance management solutions. |
Detailed competitors of Valens Pay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Valens Pay
The website of Valens Pay (valenspay.com) receives about 4.7K visits a month.
- Monthly visits4.7K
▲ 33.3% vs previous month
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Frequently Asked Questions about Valens Pay
Valens Pay was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Valens Pay is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
Torben Pedersen is the CEO of Valens Pay, as recorded in our data.
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 2024.
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.
Valens Pay's top competitors include Saven Financial, Zag Bank and PayWRX.
Valens Pay offers Fintech Platform, IBAN Account, Debit Card, and Valens Pay App.
Valens Pay operates through Valens Pay London Limited.
Yes. Valens Pay publishes Valens Pay and 1 more app, with over 50 downloads.