DolarApp
DolarApp is a fintech company based in Mexico City, Wilmington, and operates remotely, specializing in dollarizing finances in Latin America, offering services like currency conversion, savings in USDc, and international payments.
Company Locations
DolarApp operates from three primary locations: Mexico City, CDMX, Mexico; Wilmington, DE, USA; and Remote. The company embraces a hybrid operational model, enabling a flexible working environment that spans multiple regions including Mexico, the United States of America, Latin America, and fully remote operations.
Fintech Services
DolarApp provides various fintech services tailored to users in Latin America. The app allows users to dollarize everyday finances by converting local currencies such as the peso into USDc (United States Dollar Coin) and vice versa. It offers competitive rates for payment services with an international Mastercard and facilitates account top-ups using cryptocurrency. Additionally, users can perform international transfers to and from the US for a fee of only 3 dollars and make savings in USDc.
Digital Wallet Features
DolarApp offers a digital wallet in dollars, catering to users across Latin America who seek dollar-based banking solutions. The app enables users to save in USDc, send and receive payments within the United States, and use Apple Pay for quick and easy transactions with the DolarCard. A feature to split bills with friends is also available, enhancing family and social financial management.
Industry Highlights
DolarApp is part of the burgeoning fintech industry, participating specifically in the fintech sub-industry. The company was featured in the Y-Combinator batch S21, providing it with a robust start-up ecosystem. DolarApp's innovative approach and services have been highlighted in renowned publications such as Bloomberg, Yahoo Finance, TechCrunch, and El Economista.
Team and Operations
DolarApp has a lean team of 26 members operating across various locations. The team’s operational headquarters include Mexico City, CDMX, and Wilmington, DE, with the flexibility for remote work. This small but agile team focuses on providing seamless financial services to users in Mexico, Argentina, Colombia, and broader Latin America, efficiently leveraging technology to meet user needs.
