Dollarize
New York
About Dollarize
Dollarize allows individuals living in emerging economies to hold an account in U.S. dollars to immediately protect them from losing their savings by giving them access to a currency that is safe and does not devalue in time. Currency devaluations are a constant threat to people in many countries around the world; the real worth of their savings can fall rapidly. Dollarize has created the easiest and safest way to buy, save, and exchange dollars for the developing world. We have a unique operational model with our own technology, an innovative compliance framework that works everywhere, and great partners. In 5 months of marketing, we've opened more than 5,000 funded accounts with deposits from Mexico, Colombia, Chile, Peru, and Argentina; our transactions are growing on average more than 50% each month. Dollarize was selected to has participated in the Harvard Alumni Entrepreneurs Accelerator 2023, powered by Pegasus Tech Ventures with 10 other startups.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Total funding: $2.8M
- Funding stage: Seed
- Last round: Seed (Oct 2023)
- Website: dollarize.me
- Phone: +12129040003
Industries & Categories
Banking, Financial Services, FinTech
Social Profiles
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