# Valiu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valiu

- Industry: Financial Services
- Headquarters: Bogota, Colombia
- Website: www.valiu.com
- Total disclosed funding: $6.5M
- Latest round: Seed (Dec 4, 2020)
- Investors on record: 8

## About

Valiu Inc. is a digital financial services company that specializes in facilitating foreign exchange and global transactions for businesses, offering a seamless experience with competitive rates and no opening or maintenance fees.Valiu Inc. provides innovative financial solutions for businesses engaged in international trade. Established in Bogota, Colombia, the company was co-founded by a team with extensive backgrounds in finance and technology. Valiu raised USD 5.25 mn in Seed funding on December 4, 2020, with participation from investors including Blockchange Ventures, Castle Island Management, IDEO CoLab Ventures, Mercy Corps Social Venture Fund, POMP Fuel on Demand, and Y Combinator, bringing the total amount raised to USD 5.25 mn.Valiu offers a robust digital platform designed for businesses seeking to manage foreign exchange and perform global transactions efficiently. The core services include multi-currency bank accounts that support transactions in seven currencies: MXN, USD, EUR, CAD, JPY, GBP, and CHF, enabling clients to buy and sell currency at competitive rates without incurring opening or maintenance fees. Valiu's platform facilitates seamless receipt and payment of funds both domestically and internationally, leveraging the security and regulatory compliance of its partner, Banco Base. The company’s solutions cater primarily to businesses engaged in international trade, allowing them to process foreign currency transactions rapidly while minimizing costs. Valiu operates predominantly within the Mexican market but also serves clients with international dealings, providing essential services for companies looking to enhance their global financial operations.Valiu generates revenue through transaction fees associated with currency exchange and international payment services. Clients utilizing Valiu’s platform can execute numerous transactions, such as sending and receiving funds in various currencies without incurring additional costs. The business model operates primarily on a B2B structure, where companies engage with Valiu to facilitate their foreign exchange needs. For example, a business client may convert a sum of MXN into USD to pay an overseas supplier or receive USD payments from international customers, all processed at competitive exchange rates. Valiu’s pricing structure is designed to be transparent and cost-effective, ensuring that businesses can maximize their financial operations without hidden fees or charges.In December 2020, Valiu Inc. raised USD 5.25 mn in Seed funding co-led by new investors Blockchange Ventures and POMP Fuel on Demand, with participation from Castle Island Ventures and returning investors IDEO CoLab Ventures, Mercy Corps Social Venture Fund, and Y Combinator. The funding will be utilized to enhance their digital platform and potentially expand their offerings, including new products designed for seamless transaction management. Valiu plans to target expansion into new geographical markets across Latin America and is exploring opportunities to establish a presence in North America by late 2022. This strategic growth is aimed at increasing their international footprint and better serving businesses engaged in cross-border trade.

## Funding rounds

- Seed, Dec 4, 2020, $5.3M — Y Combinator, Mercy Corps Social Venture Fund, Blockchange Ventures, Castle Island Ventures, IDEO CoLab Ventures, POMP Fuel on Demand
- Seed, Sep 30, 2020, $1.2M — Y Combinator, Soma Capital Management, Mercy Corps Social Venture Fund, IDEO CoLab Ventures, BG, LLC

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Mercy Corps Social Venture Fund (https://capitalatlas.ai/funds/mercy-corps-social-venture-fund) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- BG, LLC — Seed
- Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Seed
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Seed
- POMP Fuel on Demand — Seed