Dolar App
Modern finance for the global era
Mexico City, Mexico · Founded 2021 · $5.0M raised
- Headquarters
- Mexico City
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2C
- Website
- dolarapp.io
- Total Funding
- $5.0M
- Last Round
- $5.0M SeedSep 2022
- Rounds
- 1
About
DolarApp (now rebranded as ARQ) is a Latin American fintech company founded in 2021 by ex-Revolut employees Zach Garman, Álvaro Correa, and Fernando Terrés. The company enables users in Mexico, Argentina, Colombia, and Brazil to open digital dollar and euro accounts, convert local currency at real market rates with no hidden fees, and access an international debit card with cashback. DolarApp pioneered fee-free USD-denominated card transactions for Mexican consumers and expanded to offer cross-border payments, investment accounts, and global stock/ETF access. Backed by Y Combinator and Kaszek, the company raised $70M and serves over 2 million users across Latin America.
Summary
Dolar App is a Fintech company based in Mexico City, Mexico, founded in 2021. It has raised $5.0M in total across 1 round, most recently a $5.0M Seed round in Sep 2022. Investors include Y Combinator Continuity Fund and Kaszek.
Funding History
Sep 2022
Investors
Similar Companies
Citi is a leading global bank for institutions with cross-border needs, a global provider in weal...
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
Robinhood offers commission-free investing and tools to help shape your financial future.
Economic infrastructure for the internet.
Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/dolar-app"><img src="https://indexed.vc/api/badge/company/dolar-app" alt="Dolar App on Indexed.vc" width="260" height="76" /></a>