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      DolarApp's Logo

      DolarApp - Seed

      Panorama Inversor Fundadores & Equipo Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      September 14, 2022

      Monto de financiación

      $5M

      Valuación

      --

      Categoría

      CeFi

      Subcategoría

      Payment

      Acerca de DolarApp - Seed

      DolarApp raised $5.00M in a financing round on Sep 14, 2022. The round was backed by Y Combinator, Kaszek Ventures. In total, there were 2 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Fund United States of America 2005 47 info@ycombinator.com
      Fund Brazil 2011 8 info@kaszek.com

      Fundadores & Equipo

      Fernando Terrés's Logo

      Fernando Terrés

      Zach Garman's Logo

      Zach Garman

      Álvaro Correa's Logo

      Álvaro Correa

      Profil de l'entreprise / Introduction du projet

      DolarApp allows Latin Americans to manage their finances in USDc, protecting their savings in a stable currency and without the expensive banking fees associated to international bank transfers and card payments — all on one single account.

      With DolarApp, users can open a bank account going from peso to dollar dominated stablecoin USD Coin (USDc) and back in seconds. They can also save in USDc, earning 3% annually, and pay with an international Mastercard with up to 4% cash back. In addition, users can send and receive payments in the United States for a flat fee of $3 versus the $3 fee plus 2% charge that other money transfer companies charge.

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