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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 and Kaszek.
Funding History
Sep 2022
Investors
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