About DolarApp
DolarApp is a company based in Mexico City (Mexico) founded in 2021. DolarApp has raised $5 million across 1 funding round from investors including Y Combinator and Kaszek. DolarApp offers products and services including DolarApp App, Digital Dollars, and Transfer Service. DolarApp operates in a competitive market with competitors including Robinhood, Trade Republic, Vested Finance, Webull and Wirex, among others.
- Headquarter Mexico City, Mexico
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Sep 15, 2022
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Investors
Y Combinator
& 1 more
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Employee Count
Not available
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Products & Services of DolarApp
DolarApp offers a comprehensive portfolio of products and services, including DolarApp App, Digital Dollars, and Transfer Service.
App for managing digital dollars and international transfers.
Digital representation for secure cross-border transactions.
Service for low-fee US transfers and conversions.
People of DolarApp
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Funding Insights of DolarApp
DolarApp has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in DolarApp
DolarApp has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Y Combinator and Kaszek.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital investments are directed toward multiple sectors by Kaszek.
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Investor details for DolarApp
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by DolarApp
Investment portfolio details for DolarApp
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- Transaction dates
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Financial Statements - DolarApp
Detailed financials for DolarApp
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Dolarapp Comparisons
Peer comparison for DolarApp
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of DolarApp
DolarApp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Robinhood, Trade Republic, Vested Finance, Webull and Wirex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Commission-free trading and investment services are provided by Robinhood.
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Multi-asset trading platform for stocks, ETFs, and cryptocurrencies is provided.
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Online trading and investment platform
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Broker-based online trading platform
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App-based wallet for cryptocurrencies and traditional currencies is provided.
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Online platform for trading in forex, options, and CFDs
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Detailed competitors of DolarApp
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Dolarapp
Complete news archive for DolarApp
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Frequently Asked Questions about DolarApp
DolarApp was founded in 2021 and raised its 1st funding round 1 year after it was founded.
DolarApp is headquartered in Mexico City, Mexico.
DolarApp is a funded company, having raised a total of $5M across 1 funding round to date.
DolarApp was established in 2021 in Mexico City, Mexico, within the fintech sector. An online platform is operated to enable currency exchange, including borderless accounts for holding multiple currencies, tools for receiving and sending international payments, and issuance of multi-currency prepaid cards. Operations are centered on simplifying cross-border financial transactions for users in Latin America and beyond.
DolarApp's top competitors include Robinhood, Trade Republic and Saxo Bank.
DolarApp offers DolarApp App, Digital Dollars, and Transfer Service.
DolarApp has 2 investors. Key investors include Y Combinator, and Kaszek.