DolarApp
Mexicofintech
DolarApp began as a mobile application enabling Mexican users to buy digital dollars, addressing the need for accessible dollar-denominated savings and transactions. It evolved into ARQ, a comprehensive financial platform targeting the affluent segment, offering services such as international Mastercard cards with competitive exchange rates through a partnership with Paymentology. The company operates primarily in Mexico, serving two million active users. DolarApp raised a $5 million seed round from Kaszek Ventures and Y Combinator, and later secured $70 million in funding to support its transition to ARQ.
2 funding rounds tracked. Amounts, dates and investors are available to premium members.
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Key people
- Zach Garman Founder