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ARQ
AddedMar 20, 2024
UpdatedJul 3, 2026
ARQ

ARQ

Seed

LatAm's financial app for easy dollarization, savings, and payments with crypto integration.

HQ
Mexico City, Ciudad de México, MX
Founded
2021
Accelerator
Y Combinator logoY CombinatorS21
Overview
Compare
Fundraising
Employees
Website

DolarApp, founded by three former Revolut executives, Fernando and Alvaro, aims to revolutionize financial services in Latin America by offering seamless dollarization of everyday finances. The app allows users in Mexico, Argentina, and Colombia to convert local currencies to USDc and back within seconds, save in USDc, and facilitate payments in the United States. Additionally, users can top up their accounts with cryptocurrency and use an international Mastercard for transactions at competitive rates.

Notable figures affiliated with DolarApp include its founders, who previously led major P&Ls at Revolut. The startup has quickly gained traction due to its innovative approach to financial inclusion and cross-border transactions. By simplifying access to USD and integrating crypto functionalities, DolarApp has made significant strides in addressing currency instability in Latin America, thus enhancing financial stability and convenience for its users.

ARQ - Similar Companies

Valiu logo

Valiu

valiu.com

Tienda Crypto logo

Tienda Crypto

tiendacrypto.com

Dollarize logo

Dollarize

dollarize.me

Coco Wallet logo

Coco Wallet

cocopago.app

Littio logo

Littio

littio.co

MercaDolar logo

MercaDolar

Liquido logo

Liquido

liquido.com

Pactta logo

Pactta

Monet logo

Monet

monet.com.co

Flux logo

Flux

iflux.app

Mozper logo

Mozper

mozper.com

Felix logo

Felix

felixpago.com

Coba logo

Coba

coba.ai

Atrato logo

Atrato

atratopago.com

Pay4Me App logo

Pay4Me App

pay4me.app

ARQ - Quick Facts

Who are ARQ's competitors?

Companies similar to ARQ include Valiu, Tienda Crypto, Dollarize and Coco Wallet.

When was ARQ founded?

ARQ was founded in 2021.

Where is ARQ's headquarters located?

ARQ's headquarters is located in Mexico City, Ciudad de México, MX.

When was ARQ's last funding round?

ARQ's most recent funding round was for $5M (USD) in September 2022.

How much has ARQ raised to-date?

As of Sep 14, 2022, ARQ has raised a total of $5.1M (USD).

How many employees does ARQ have?

ARQ has 26 employees as of Apr 15, 2024.

ARQ - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Latin America
Revenue
  • Recurring
  • Software
Customer
  • Consumers
Main Product
  • Financial Services
Tags
  • Fintech
NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions
Show 15 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 523900Other Financial Investment Activities
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6700Holding And Other Investment Offices
  • 6090Functions Related To Depository Banking
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6720Investment Offices
  • 6099Functions Related To Depository Banking, Not Elsewhere Classified
  • 6282Investment Advice
  • 6722Management Investment Offices, Open-end