Dollarize partners with Flagright to strengthen its financial crime prevention measures. The partnership gives Dollarize access to Flagright’s no-code compliance platform, which specializes in transaction monitoring and anti-money laundering solutions and includes real-time transaction monitoring, dynamic risk scoring, and case management tools.
Dollarize cofounders Diego de la Campa and Esteban Levin are building a cross-border Venmo to simplify international payments. De la Campa, the company’s CEO, created Mexico’s first mutual fund platform 18 years ago; it became the largest in the country.
Dollarize begins operations in Argentina, where it offers users USD accounts and instant global payments. The US company describes its service as a way to save money in US dollars; the article provides no further details about the launch or its account and payment features.
