DOLAR APP
Mexicofintech
DolarApp is a Mexican fintech startup founded in 2021 by former Revolut employees Zach Garman, Álvaro Correa, and Fernando Terrés. The company aims to 'dollarize' Latin America, allowing users to open dollar-denominated accounts and access stablecoin-based financial services to protect against local currency volatility. It raised a $5 million seed round led by Y Combinator and Kaszek, and later rebranded to ARQ as a global financial platform for affluent consumers. The company started operations in Mexico.
1 funding rounds tracked. Follow the profile to review the shared record and its sources.
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Key people
- Fernando Terrés CEO
- Zach Garman CPO
- Álvaro Correa Gallardo Co-founder