Earlier in 2022 VALR, a crypto exchange headquartered in South Africa, announced that it had raised $50 million in a Series B equity funding round. The funding, led by Pantera Capital, was also the largest ever crypto raise in Afrika to date.
It was also reported by VALR that the raise brings the company's valuation to approximately $240 million.
In order to understand a bit more about what VALR does, the company's future plans, and how it plans to deploy the raised equity funding we caught up with Farzam Ehsani, CEO and co-founder of VALR.
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