Valar Ventures

Valar Ventures is a venture capital firm backed by Peter Thiel. Valar partners with entrepreneurs globally and believes that an increasing number of transformative technology companies will be started outside of Silicon Valley, and that the founders of those companies will benefit from having a partner that understands their unique challenges and opportunities.

Amina Abrahams

Principal

James Fitzgerald

Founding Partner

Andrew McCormack

Founding and General Partner

Reuben Kobulnik

Operating Partner

Michael Roth

Principal

Past deals in Personal Finance

Petal

Venture Round in 2023
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

Neo Financial

Series C in 2022
Neo Financial is a FinTech company that provides spending, savings, and rewards programs. It offers members a secure method to manage their finances. Neo’s credit card is issued by ATB Financial and operates on the Mastercard network. The Neo Savings account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection.

Petal

Series D in 2022
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

MAJORITY

Series A in 2021
MAJORITY develops an app-based platform that facilitates digital banking services for migrants. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to the network of community meet-up spaces, local discounts, and events.

Kafene

Series A in 2021
Kafene is a mission-driven startup with the goal of empowering flexible ownership for the customers that need it most. Backed by some of the top VCs in fintech, Kafene brings flexible payment options to products like furniture, appliances, electronics, musical instruments, and jewelry while protecting consumers from the traps of traditional debt products. If a consumer can no longer make payments on their merchandise, Kafene understands. The consumer can simply return the item with no obligation and no residual debt. This freedom is powered by a best-in-class consumer-facing technology platform that includes app-based point-of-sale virtual wallets and AI-based underwriting.

Neo Financial

Series B in 2021
Neo Financial is a FinTech company that provides spending, savings, and rewards programs. It offers members a secure method to manage their finances. Neo’s credit card is issued by ATB Financial and operates on the Mastercard network. The Neo Savings account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection.

Point Card

Series B in 2021
Point Card offers rewards, including additional cash-back on go-to subscriptions like Netflix, Spotify, HBO Max, Hulu, and more. It features an advanced chipset for secure payments, a high-tensile synthetic polymer construction, and comes in your choice of four editions. It was launched in 2018 and is headquartered in San Francisco, California.

Octane

Series D in 2021
Octane Lending, Inc. operates an online lending platform that connects automobile dealers with customers seeking financing. Founded in 2013 and headquartered in New York, the company aims to streamline the vehicle purchasing process, particularly in the fast-paced $21 billion Powersports market. Octane facilitates the submission of credit applications to multiple lenders, including both prime and sub-prime options, and enhances sales of backend products through automated insurance estimates and warranty offerings. By leveraging innovative underwriting and credit products, Octane provides instant and frictionless financing options via its in-house lender, Roadrunner Financial. The platform not only assists consumers in securing loans but also supports dealers by routing customers to partner dealerships for efficient transactions and offering comprehensive loan servicing throughout the financing journey. Through its editorial brands, Octane reaches millions of enthusiasts, helping them connect with their passions while simplifying the financing experience.

Syfe

Series B in 2021
Syfe is an investment and saving platform empowering people to build their wealth. Syfe offers fully managed portfolios, cash management solutions, and self-directed offerings through its unique neo-brokerage, making it the region’s only all-in-one wealth management platform. Syfe is fully licensed and operational for fund management, financial advisory, and brokerage in Singapore, Hong Kong & Australia. The company has raised US$ 52.4m to date from prominent backers such as Valar Ventures (Transferwise, N26, Qonto), Unbound Capital (Forto, Cars24), and Partners from DST (Robinhood, Revolut, Brex, Coinbase).

MAJORITY

Seed Round in 2021
MAJORITY develops an app-based platform that facilitates digital banking services for migrants. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to the network of community meet-up spaces, local discounts, and events.

Kafene

Series A in 2021
Kafene is a mission-driven startup with the goal of empowering flexible ownership for the customers that need it most. Backed by some of the top VCs in fintech, Kafene brings flexible payment options to products like furniture, appliances, electronics, musical instruments, and jewelry while protecting consumers from the traps of traditional debt products. If a consumer can no longer make payments on their merchandise, Kafene understands. The consumer can simply return the item with no obligation and no residual debt. This freedom is powered by a best-in-class consumer-facing technology platform that includes app-based point-of-sale virtual wallets and AI-based underwriting.

fortú

Seed Round in 2021
fortú is the personal finance platform for Latinos and Hispanics

Neo Financial

Series A in 2020
Neo Financial is a FinTech company that provides spending, savings, and rewards programs. It offers members a secure method to manage their finances. Neo’s credit card is issued by ATB Financial and operates on the Mastercard network. The Neo Savings account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection.

albo

Series B in 2020
Albo is the leading Mexican challenger bank that helps you manage your money, and it can adapt to the user's lifestyle bringing them an honest service. Albo offers a mobile banking app, a banking account, and a Mastercard card, allowing the user to easily spend, save and invest money. Albo includes many other innovating functions besides the ones mentioned above.

Syfe

Series A in 2020
Syfe is an investment and saving platform empowering people to build their wealth. Syfe offers fully managed portfolios, cash management solutions, and self-directed offerings through its unique neo-brokerage, making it the region’s only all-in-one wealth management platform. Syfe is fully licensed and operational for fund management, financial advisory, and brokerage in Singapore, Hong Kong & Australia. The company has raised US$ 52.4m to date from prominent backers such as Valar Ventures (Transferwise, N26, Qonto), Unbound Capital (Forto, Cars24), and Partners from DST (Robinhood, Revolut, Brex, Coinbase).

Point Card

Series A in 2020
Point Card offers rewards, including additional cash-back on go-to subscriptions like Netflix, Spotify, HBO Max, Hulu, and more. It features an advanced chipset for secure payments, a high-tensile synthetic polymer construction, and comes in your choice of four editions. It was launched in 2018 and is headquartered in San Francisco, California.

Even.com

Funding Round in 2020
Even offers an affordable on-demand pay product that allows employees to access their paychecks when they need it most—without confusing, hidden, or predatory fees. With a proven track record of reducing employee turnover and increasing retention and productivity, Even is the highest-rated on-demand pay app and has helped employees save more than $82 million to date.

Petal

Series C in 2020
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

albo

Series A in 2019
Albo is the leading Mexican challenger bank that helps you manage your money, and it can adapt to the user's lifestyle bringing them an honest service. Albo offers a mobile banking app, a banking account, and a Mastercard card, allowing the user to easily spend, save and invest money. Albo includes many other innovating functions besides the ones mentioned above.

Octane

Series C in 2019
Octane’s mission is to connect people with their passions by making lifestyle purchases, like powersports vehicles, RVs, and outdoor power equipment, fast, easy, and accessible. Octane combines cutting-edge technology with innovative risk strategies to deliver a seamless, end-to-end buying experience. The company adds value throughout the customer journey: inspiring enthusiasts with its editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online with its suite of e-commerce tools, routing customers to partner dealerships for an easy closing experience, and supporting customers throughout their loan with superior loan servicing. Octane is a remote-first workplace with offices in New York, Irving, TX, Irvine, CA, and Knoxville, TN, and the company works with over 35 OEM and 4000 dealer partners across the United States. Octane made the 2022 Inc 5000 list of America’s Fastest Growing Private Companies in America and is Certified by Great Place to Work.

Kafene

Seed Round in 2019
Kafene is a mission-driven startup with the goal of empowering flexible ownership for the customers that need it most. Backed by some of the top VCs in fintech, Kafene brings flexible payment options to products like furniture, appliances, electronics, musical instruments, and jewelry while protecting consumers from the traps of traditional debt products. If a consumer can no longer make payments on their merchandise, Kafene understands. The consumer can simply return the item with no obligation and no residual debt. This freedom is powered by a best-in-class consumer-facing technology platform that includes app-based point-of-sale virtual wallets and AI-based underwriting.

Stash Financial

Series E in 2019
Stash Financial Inc., based in New York, operates a digital investing and banking platform designed to make personal finance accessible for everyday Americans. Established in 2015, Stash offers a mobile application that consolidates banking, investing, and financial advice, facilitating budgeting, saving, and retirement planning. The platform allows users to create personal investment accounts, retirement accounts, and custodial accounts for minors, with the option to purchase fractional shares of stocks, bonds, and funds without additional trading commissions. By simplifying the investment process, Stash has enabled over 5 million individuals to work towards their financial goals and enhance their wealth-building potential.

Petal

Series B in 2019
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

Even.com

Series B in 2018
Even offers an affordable on-demand pay product that allows employees to access their paychecks when they need it most—without confusing, hidden, or predatory fees. With a proven track record of reducing employee turnover and increasing retention and productivity, Even is the highest-rated on-demand pay app and has helped employees save more than $82 million to date.

Stash

Series D in 2018
Stash develops a personal finance application to combine banking, investing, and advice into one platform. Its application's services include personal investment accounts, retirement accounts, and custodial accounts for minors. It also provides the option to buy fractional shares of stocks, bonds, and funds with no add-on trading commissions to help users save small sums of money and make micro-investments.

Petal

Series A in 2018
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

Stash Financial

Series C in 2017
Stash Financial Inc., based in New York, operates a digital investing and banking platform designed to make personal finance accessible for everyday Americans. Established in 2015, Stash offers a mobile application that consolidates banking, investing, and financial advice, facilitating budgeting, saving, and retirement planning. The platform allows users to create personal investment accounts, retirement accounts, and custodial accounts for minors, with the option to purchase fractional shares of stocks, bonds, and funds without additional trading commissions. By simplifying the investment process, Stash has enabled over 5 million individuals to work towards their financial goals and enhance their wealth-building potential.

Petal

Funding Round in 2017
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.

Stash

Series B in 2016
Stash develops a personal finance application to combine banking, investing, and advice into one platform. Its application's services include personal investment accounts, retirement accounts, and custodial accounts for minors. It also provides the option to buy fractional shares of stocks, bonds, and funds with no add-on trading commissions to help users save small sums of money and make micro-investments.

Octane

Series A in 2016
Octane’s mission is to connect people with their passions by making lifestyle purchases, like powersports vehicles, RVs, and outdoor power equipment, fast, easy, and accessible. Octane combines cutting-edge technology with innovative risk strategies to deliver a seamless, end-to-end buying experience. The company adds value throughout the customer journey: inspiring enthusiasts with its editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online with its suite of e-commerce tools, routing customers to partner dealerships for an easy closing experience, and supporting customers throughout their loan with superior loan servicing. Octane is a remote-first workplace with offices in New York, Irving, TX, Irvine, CA, and Knoxville, TN, and the company works with over 35 OEM and 4000 dealer partners across the United States. Octane made the 2022 Inc 5000 list of America’s Fastest Growing Private Companies in America and is Certified by Great Place to Work.

Stash Financial

Series A in 2016
Stash Financial Inc., based in New York, operates a digital investing and banking platform designed to make personal finance accessible for everyday Americans. Established in 2015, Stash offers a mobile application that consolidates banking, investing, and financial advice, facilitating budgeting, saving, and retirement planning. The platform allows users to create personal investment accounts, retirement accounts, and custodial accounts for minors, with the option to purchase fractional shares of stocks, bonds, and funds without additional trading commissions. By simplifying the investment process, Stash has enabled over 5 million individuals to work towards their financial goals and enhance their wealth-building potential.

Even.com

Series A in 2016
Even offers an affordable on-demand pay product that allows employees to access their paychecks when they need it most—without confusing, hidden, or predatory fees. With a proven track record of reducing employee turnover and increasing retention and productivity, Even is the highest-rated on-demand pay app and has helped employees save more than $82 million to date.

Stash

Seed Round in 2016
Stash develops a personal finance application to combine banking, investing, and advice into one platform. Its application's services include personal investment accounts, retirement accounts, and custodial accounts for minors. It also provides the option to buy fractional shares of stocks, bonds, and funds with no add-on trading commissions to help users save small sums of money and make micro-investments.

Wise

Series C in 2015
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits. The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients. Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.

Wise

Series B in 2014
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits. The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients. Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.

Wise

Series A in 2013
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits. The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients. Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.
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