VALR, a South African crypto platform, has announced a strategic partnership with Visa to issue Visa cards to its crypto customers. The partnership aims to deliver innovative digital payment solutions to users in Africa and global markets. VALR has raised over $50 million and received initial regulatory approval from Dubai’s Virtual Assets Regulatory Authority. The partnership with Visa will help VALR attract more users accustomed to traditional financial systems. Visa has previously partnered with other crypto companies such as Crypto.com and Coinbase. VALR offers various services including digital asset staking and simple buy and sell options. The platform is committed to providing quality crypto services to the African market, which has a large number of unbanked investors. VALR recently launched in Zambia and recorded $20 million in crypto traded on the first day.

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Information	Details
Geography	Africa
Countries	🇿🇦 🇿🇲
Sentiment	positive
Relevance Score	1
People	Lineshree Moodley, Farzam Ehsani
Companies	Circle (USDC), Cadenza, Crypto.com, Visa Inc., Pantera, Distributed Global, Bittrex, Montegray Capital, Coinbase, Dubai’s Virtual Assets Regulatory Authority (VARA), Avon Ventures, VALR
Currencies	Envision
Securities	None