Stripe Brings On Team From Valora To Bolster Its Blockchain Projects

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Payments giant Stripe has acquired the team from crypto wallet firm Valora, just a day after launching its testnet for its stablecoin-focused blockchain project Tempo.  

According to Valora CEO Jackie Bona, the acquisition will see the Valora team join Stripe and work on the firm’s blockchain initiatives.

Valora was founded in mid-2021 after spinning out of Celo development group cLabs and raising $20 million in Series A funding in the process. 

The Valora app is a mobile wallet that supports stablecoins and other assets across Celo, Ethereum,…



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Stripe Brings On Team From Valora To Bolster Its Blockchain Projects


Payments giant Stripe has acquired the team from crypto wallet firm Valora, just a day after launching its testnet for its stablecoin-focused blockchain project Tempo.  

According to Valora CEO Jackie Bona, the acquisition will see the Valora team join Stripe and work on the firm’s blockchain initiatives.

Valora was founded in mid-2021 after spinning out of Celo development group cLabs and raising $20 million in Series A funding in the process. 

The Valora app is a mobile wallet that supports stablecoins and other assets across Celo, Ethereum,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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