Wala
Company

Last deal

Amount

Venture - Series Unknown

Stage

01.01.2020

Date

5

all rounds

$1.2M

Total amount

General

About Company
Wala offers a gamified personal financial management tool for cash-based consumers in emerging markets.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2015

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The app allows users to track their spending and earning to create a financial profile, which is then used to set weekly financial and engagement goals. Users earn points for reaching these goals, which can be redeemed for cash, data, and other rewards. Additionally, the app provides access to financial products like deposit accounts and payments, helping to eliminate the barriers to banking for the unbanked and underbanked in emerging markets. Wala's blockchain-powered financial services platform aims to increase the accessibility of the financial system and help emerging market consumers reach financial prosperity.
Contacts