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      DolarApp's Logo

      DolarApp

      Overview Fundraising Founders & Team

      Overview

      Location

      Mexico

      Launched

      2021

      Category

      CeFi

      Subcategory

      Payment

      Fundraising Round

      Seed

      Valuation

      --

      Cumulative Amount

      $5M

      About DolarApp

      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.

      Fundraising

      Seed
      Date: September 14, 2022
      Amount: $5M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America 2005 47[email protected]
      FundBrazil 2011 8[email protected]

      Founders & Team

      Fernando Terrés's Logo

      Fernando Terrés

      Zach Garman's Logo

      Zach Garman

      Álvaro Correa's Logo

      Álvaro Correa