what's Valeo?
Valeo is a self-custodial neobank built on the Solana blockchain, integrating wallet, swaps, payments, and everyday banking into one intuitive app. Users retain full control of their funds while enjoying features like VPay for instant USDC transfers using dynamic animated codes, eliminating QR scans for seamless in-person payments, bill splitting, or merchant transactions. The platform emphasizes privacy, reliability, and user-centric design, with AI agents enhancing functionality and upcoming virtual/physical cards (including limited metal editions) for crypto spending. Currently in public iOS beta via TestFlight, it supports real-time performance tracking and is expanding towards App Store launch and broader ecosystem growth.[[1]](https://x.com/i/status/2021887711150584303)[[2]](https://x.com/i/status/2021222625603887232)
Valeo was affected by the Drift exploit incident, one of 20 protocols impacted.
Links
x.com/valeocashAffected by the Drift exploit incident, part of a group of 20 protocols impacted by the fallout.
Launched SPL Pay for Solana token API payments using x402 to enable API monetization.
Launched zero friction shielded SOL transfers directly within the iOS app, becoming the first to offer in-app privacy transfers.
Launches on Solana on 2026-02-12 between 6-7pm UTC.