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Stripe Acqui-Hires Crypto Payments
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Stripe Acqui-Hires Crypto Payments
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.
By Krisztian Sandor|Edited by Cheyenne Ligon
Dec 10, 2025, 10:00 p.m.
Stripe co-founder Patrick and John Collison (Stripe)
What to know:
- The team behind Valora, a crypto payments app, is joining Stripe to advance its blockchain and stablecoin integration.
- Stripe recently acquired crypto firms Bridge and Privy, and is developing with Paradigm the Tempo blockchain for stablecoin payments.
- Valora, built on the Celo network, became a standalone company in 2021 after raising $20 million.
The team behind crypto payments app Valora is joining Stripe as the payments giant increasingly expands into blockchain tech and stablecoins, Valora founder Jackie Bona said in a Wednesday blog post.
"We’ve seen firsthand how access to stablecoins and crypto rails can expand economic opportunity," Bona said. "In the past few months, it became clear that we could accelerate this mission by joining Stripe, one of the world’s leading financial infrastructure platforms."
STORY CONTINUES BELOW
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Valora is a mobile-focused crypto payments app built on top of the CELO$0.1726, an Ethereum layer-2 network. The startup spun out of cLabs, the development organization behind Celo, in 2021 and raised $20 million at the time.
A Stripe spokesperson has confirmed the news to CoinDesk, adding that the Valora "team’s experience in crypto wallet infrastructure and onchain developer tools brings valuable expertise to our ongoing crypto efforts."
The news follows on the heels of Stripe's recent efforts to incorporate crypto rails to its payment capabilities, as stablecoins are becoming popular cross-border payment tools. The company recently acquired stablecoin infrastructure firm Bridge and wallet app Privy. It also developed (in conjunction with crypto investment firm Paradigm) a payment-focused blockchain called Tempo, designed for stablecoin payments. Tempo is already in a test phase.
Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains
StripeCeloStablecoinpaymentsacquisition
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A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horowitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan.
What to know:
- Venture fund a16z crypto is opening its first office in Asia, located in Seoul, and named Sungmo Park to lead it.
- The Seoul office aims to build partnerships and accelerate community growth across the region.
- South Korea's active onchain community and developer ecosystem probably influenced the fund's decision to choose Seoul over other Asian financial hubs.
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