Walrus Y Combinator-backed
Walrus is a neobank and rewards-led banking app/community for young Indians, offering a debit card (issued with RBL Bank, powered by Mastercard), UPI payments, pocket-money/expense management, gamified savings goals and rewards, aimed initially at teenagers and later at young adults aged 16-25.
Walrus: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2 Sep 2021 | Seed | Undisclosed | Y Combinator | source |
| 2 Nov 2020 | Angel | Undisclosed | source | |
| 16 Jul 2020 | Pre-seed | Undisclosed | Better Capital Raghunandan G Raveen Sastry | source |
| 7 Mar 2020 | Seed | Undisclosed | Wellfound Hypotenuse Capital | source |
News on Walrus
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Who founded Walrus?
Walrus was founded by Bhagaban Behera, Sriharsha Setty, Nakul Kelkar in 2019.
What does Walrus do?
Walrus is a neobank and rewards-led banking app/community for young Indians, offering a debit card (issued with RBL Bank, powered by Mastercard), UPI payments, pocket-money/expense management, gamified savings goals and rewards, aimed initially at teenagers and later at young adults aged 16-25.
Where is Walrus headquartered?
Walrus is headquartered in Bengaluru, Karnataka, India.
What is Walrus's business model?
Walrus's core value proposition centers on Bank account without needing a bank account, Gamified budgeting and rewards, Personalized signature debit card.
How does Walrus make money?
Walrus's cited revenue streams include Future curated financial products (stated plan, not current revenue).