Latest news with #VALRPay
Business Insider
30-06-2025
- Business
- Business Insider
VALR Champions New Financial Order at Istanbul Blockchain Week
VALR, Africa's largest crypto exchange by trade volume, proudly concluded its sponsorship of Istanbul Blockchain Week, held on June 26-27, 2025, in Istanbul, Türkiye. The event provided a platform for VALR's leadership to share their vision for a transformed global financial system, with a keynote address by Co-founder and CEO Farzam Ehsani and a panel discussion featuring Co-founder and Chief Product Officer Badi Sudhakaran. In his keynote, Ehsani delivered a compelling assessment of the state of global finance, emphasizing the unraveling of outdated systems and the emergence of a new world order grounded in the oneness of humanity. Quoting the prophetic words of Bahá'u'lláh written in the heart of the Ottoman Empire in the late 1860s, Ehsani noted, 'The world is in travail, and its agitation waxeth day by day…Soon will the present-day order be rolled up, and a new one spread out in its stead.' He connected this vision to the evolution of money, advocating for a global currency to replace fragmented, nationalism-driven systems. Citing a 1999 statement from the Bahá'í International Community, written a decade before Bitcoin's launch, Ehsani highlighted how it would be difficult to 'exaggerate the psychological and social impact of the anticipated replacement of the jumble of existing monetary systems…by a single world currency operating largely through electronic impulses.' His speech underscored the crypto industry's purpose: to empower people, promote global justice, and build a financial system that reflects humanity's fundamental oneness. Badi Sudhakaran, VALR's Co-founder and Chief Product Officer, furthered this narrative in a distinguished panel on the evolution of crypto exchanges. He emphasized how exchanges can drive industry progress by aligning with principles of fairness and service to humanity, reinforcing VALR's commitment to advancing the crypto ecosystem with purpose. Ben Caselin, VALR's Chief Marketing Officer, commented: 'Partnering with Istanbul Blockchain Week allowed us to explore this significant market as we continue to expand globally. More importantly, it was an opportunity to contribute to industry discourse, rooted in VALR's values-driven mission to serve humanity. The positive reception to our vision and products is a source of optimism, reinforcing the idea that the success of our industry ultimately depends on our ability —in word and deed– to commit to higher principles and purpose.' Founded in 2018, VALR has emerged as a global leader in the crypto space, serving over 1.4 million users and 1,300 corporate and institutional clients worldwide. Headquartered in Johannesburg, VALR offers a comprehensive suite of products, including Spot Trading, Spot Margin, Futures, Staking, Lending, an API for high-frequency traders, Subaccounts with governance features, OTC Trading, Simple Buy/Sell, and VALR Pay. Licensed by South Africa's FSCA, with regulatory approvals in Europe and initial approval from Dubai's VARA, VALR has seen remarkable growth over the past two years, fueled by $55 million in equity funding from investors like Pantera Capital, Coinbase Ventures, GSR, and F-Prime, affiliated with Fidelity Investments. VALR is Africa's largest cryptocurrency exchange by trade volume, offering a comprehensive suite of crypto products and services to over 1.4 million users globally. Founded in 2018 and headquartered in Johannesburg, VALR is licensed by the FSCA in South Africa, with regulatory approvals in Europe and initial approval from Dubai's VARA. Backed by leading investors, VALR is committed to building a financial system that empowers people and reflects the oneness of humanity. VALR
Business Insider
10-06-2025
- Business
- Business Insider
VALR and MoonPay Announce Integration to Enhance Global Crypto Access
Johannesburg, South Africa, June 10th, 2025, Chainwire VALR, Africa's largest cryptocurrency exchange by trade volume, and MoonPay, the global leader in crypto payments, today announced their integration to streamline fiat on- and off-ramps for users in over 180 countries. This partnership enables VALR to support 34 fiat currencies, including KES (Kenyan Shilling), NGN (Nigerian Naira), IDR (Indonesian Rupiah), TRY (Turkish Lira), BRL (Brazilian Real), and TWD (Taiwan Dollar), across payment methods such as Credit and Debit Cards, Apple Pay, Google Pay, PayPal, and Venmo. The integration strengthens VALR's mission to expand its global footprint and provide seamless access to cryptocurrencies like Bitcoin and stablecoins. With a user base exceeding 1.3 million and over 1,300 corporate and institutional clients, VALR continues to lead the development of a more inclusive global financial system. 'We are thrilled to partner with MoonPay to enhance our platform's accessibility for users worldwide,' said Farzam Ehsani, Co-Founder and CEO of VALR. 'This integration empowers our global community with efficient access to cryptocurrencies, aligning with VALR's vision of building a financial system that reflects the oneness of humanity.' 'We believe the future of money is crypto, and our goal is to make it easy for everyone to participate in this new digital economy,' said Ivan Soto-Wright, co-founder and CEO at MoonPay. 'Partnering with VALR to broaden access to stablecoins and other tokens is an exciting step toward our shared mission of global crypto adoption, empowering users in Africa and beyond to hold value on-chain.' Founded in 2018 and headquartered in Johannesburg, VALR offers a comprehensive suite of crypto services, including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Licensed by South Africa's FSCA, with regulatory approvals in Europe and initial approval from Dubai's VARA, VALR has raised $55 million from investors such as Pantera Capital, Fidelity's F-Prime, and Coinbase Ventures. MoonPay, trusted by over 30 million users, provides end-to-end solutions to simplify crypto access across 180+ countries. About VALR VALR is Africa's largest cryptocurrency exchange by trade volume, serving over 1.3 million users and 1,300 corporate clients. Founded in 2018, VALR offers products including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Headquartered in Johannesburg, VALR is licensed by the FSCA in South Africa, with approvals in Europe and initial approval from Dubai's VARA. The company has raised $55 million from investors like Pantera Capital, Coinbase Ventures, and F-Prime. For more, visit About MoonPay MoonPay creates a world where you own your digital future, giving you control of your identity, money, property, and data. We are the market leader in end-to-end solutions simplifying access to the crypto economy for 30M+ verified accounts across 180+ countries, and trusted by iconic global brands to power the creation and movement of digital value. Contact VALR
