DolarApp
Remittance
Borderless Banking: One Account, Two Currencies, Infinite Possibilities
Founders
Fernando Terrés (Co-founder & CEO)
Álvaro Correa Gallardo (Co-founder & COO)
Zach Garman (Co-founder & CPO)
Launch Date
2021
Key Investors
Y Combinator
Kaszek Ventures
Darian Shirazi
Edward Cooper
About
DolarApp is a fintech solution that eliminates financial borders, allowing users to manage pesos and dollars from a single account. With transparent exchange rates and low-cost transfers ($3 USD), it enables seamless currency conversion, international payments, and digital dollar investments. Users have saved over $19.1 million in fees while enjoying the convenience of a US-based account and multi-currency card payments. Highly rated (4.7/5) by travelers and investors across Mexico and beyond.
$19M
commissions saved by users
$3
per US transfer fee
Use Cases
- Traveler - Pay abroad without fees, manage multiple currencies seamlessly.
- Freelancer - Receive USD payments with minimal transfer fees from overseas clients.
- Family Support - Send money internationally to support family members affordably.
- Investor - Invest in digital dollars to mitigate risks of currency devaluation.
Cost-Effective International Finance
- Offers international cards free of foreign transaction fees
- Facilitates US transfers for only $3
- Aims to provide transparency and the best rates worldwide
- Claims to have saved customers millions of dollars in fees
- Provides an excellent exchange rate when converting pesos to digital dollars
Accessibility and Borderless Transactions
- Provides digital dollar accounts
- Enables users to send and receive US transfers
- Allows users to pay with their card in any currency with the real exchange rate
- Offers account details in the US for receiving USD transfers without exchange losses
- Aims to make finances and life borderless
Trusted by
