Valora

Valora is a mobile-first, self-custody cryptocurrency wallet designed to make stablecoin payments and Web3 apps accessible to anyone with a smartphone. Originally incubated within cLabs (the core development organization behind the Celo blockchain), Valora launched publicly in February 2021 and spun out as an independent company in July 2021 after closing a $20M Series A led by Andreessen Horowitz, with participation from Polychain Capital, SV Angel, Valor Capital Group, NFX, Nima Capital, and a16z's Cultural Leadership Fund (whose backers included Carmelo Anthony, Kevin Durant, Casey Neistat, Nas, and Sean Combs). The Valora app enables users globally to save, send, and spend crypto and stablecoins as simply as sending a text message, with a focus on emerging markets and low-cost cross-border payments on the Celo network. The team subsequently launched Divvi, an onchain Incentive Orchestration Layer that distributes revenue between protocols and Web3 builders. On December 10, 2025, Stripe acqui-hired the Valora team to bolster its stablecoin and crypto wallet infrastructure efforts, alongside its prior acquisitions of Bridge and Privy. The Valora app and its intellectual property reverted to cLabs to steward its future development.