Wallbit
San Francisco
About Wallbit
Wallbit is a global neobank offering USD and EUR accounts, debit cards, access to US investments and local currencies ’ all in one app. Users can open USD and EUR accounts, receive international payments, spend globally with virtual and physical debit cards, invest in US stocks, ETFs, and bonds, and withdraw funds in local currencies. Wallbit is designed for individuals living outside the US who need access to global banking. Key use cases include: - Remote workers and freelancers receiving income from abroad - Individuals in emerging markets seeking to save in USD to protect their wealth from inflation - Individuals looking for simple, direct access to the US investment market due to lack of investment options in their country of residence Core features: - Personal USD and EUR accounts - International and local transfers - Virtual and physical debit cards - Investment accounts with access to US markets - Real-time currency conversion and stablecoins support - Local payouts and bill payments Wallbit combines global banking, investing, and local usability into a single, all-in-one app.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: Less than $1M
- Total funding: $1.6M
- Funding stage: Seed
- Last round: Grant (Jun 2024)
- Website: wallbit.io
- Phone: +1 707 641-2165
Industries & Categories
Banking, Financial Services, FinTech, Payments
Social Profiles
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