Wala

Businessfiled

Wala operates in Investment Vehicle, based in SA, Africa. SA’s Wala raises funding from Newtown Partners 0 By Tom Jackson on October 5, 2017 News , Southern Africa South African fintech startup Wala, a blockchain-powered financial services platform for the unbanked and underbanked, has secured equity investment from Newtown Partners, the venture capital firm founded by Llew Claasen and Vinny Lingham. Founded in 2015, Wala provides access to transactional banking, remittances, loans and insurance, working with specialist providers to offer a full suite of financial services.

Sub-sector tags: crypto/web3, fintech, insurance.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Wala has raised — in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Most recent recorded round closed around 2017-10-05.

Valuation (modeled)modeled

No modeled valuation — too little disclosed financing to estimate one.

Financing rhythm & timingmixed

Not enough dated financing history to read a financing rhythm.

Comparablesmixed

Capital scale ranks ahead of 2% of Investment Vehicle peers (1793 compared).

Modeled value ranks above 2% of those peers.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.