Guide Startups

DolarApp

Summer 2021 · Active

Latin America's global financial app

Location: Mexico City, Mexico, MX

Founded: 2021

Team size: 50

About

DolarApp lets people in LatAm (currently Mexico, Argentina and Colombia) dollarize their everyday finances. Users can go from peso to dollar USDc (and back) in seconds, save in USDc, send and receive payments in the United States without the hassle, top up their accounts with crypto and pay with an international Mastercard at the best rates. DolarApp was started by 3 ex Revolut guys: Fernando and Alvaro led the 2 largest P&Ls in Revolut (Crypto and Subscriptions), and worked in LatAm as consultants for BCG; Zach led the Crypto and Remittances products at Revolut, and started an identity verification startup using crypto years ago.

Founders

  • Zach GarmanFounder

    I lead Product at DolarApp. Previously, I led the Crypto product for Revolut, helped to found an Ethereum-based digital identity product, and spent some time in Financial Services consulting.

  • Fernando TerresFounder

    Co Founder and CEO at DolarApp. Before DolarApp, I was the head of Crypto P&L at Revolut, after wearing some other hats in the organisation: Product Strategy and Operations (revamping our paid plans suite), P&L optimisation (leading key initiatives to bring the company to breakeven) and Retail Growth (doubling user base since I joined). Before joining Revolut I was a consultant at BCG, where I worked on Corporate Strategy projects in Retail, TMT and Industry in Latin America and Spain.

  • Alvaro CorreaFounder