Payments giant Stripe acquires team from crypto wallet app Valora — TradingView News
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, Base, Optimism and Arbitrum. Apart from the wallet, the team also developed an open protocol launchpad for Web3 apps geared toward a mobile-native experience.
“Stripe shares our conviction that…
