DolarApp

Born from a shared vision to dismantle the financial barriers plaguing Latin America, DolarApp emerged as a beacon of hope for millions. The journey began with three former Revolut minds, Alvaro Correa, Zach Garman, and Fernando Terres, who had witnessed firsthand the struggles of friends and communities in the region. They saw how hyperinflation, currency devaluation, and the sheer difficulty of accessing a stable currency like the U.S. dollar were limiting people's financial freedom. Traditional banking systems were rigid, expensive, and often inaccessible, leaving a vast population underserved and financially vulnerable. This wasn't just a market gap; it was a fundamental inequality they felt compelled to address. Fueled by their experience in building disruptive fintech products at a global scale, they embarked on a mission to create a solution that was simple, fair, and empowering.

Their answer was DolarApp, a digital dollar wallet designed to seamlessly integrate into the everyday lives of people in Latin America. What started as an idea in 2021 quickly materialized into a powerful platform backed by renowned investors like Y Combinator and Kaszek, the visionaries who supported giants like Rappi and Nubank. The core concept was revolutionary yet straightforward: leverage stablecoin technology (USDc) to allow users to 'dollarize' their finances. This meant anyone could convert their local pesos to digital dollars in seconds, protecting their savings from the volatility of local economies. The platform provides users with their own U.S. account details, enabling them to receive payments from abroad with the ease of a local transfer. Complemented by an international Mastercard, DolarApp empowers its users to spend globally at the best exchange rates, without the hidden fees and frustrating complexities of the old financial world. It's more than just an app; it's a movement towards a more inclusive and equitable financial future for an entire continent.