DolarApp Analysis: $5M Raised
What is DolarApp?
DolarApp is a financial technology company that facilitates international money transfers using digital dollars, offering low fees and favorable exchange rates.
Employees
26
Founded
2021
Company Stage
Seed
YC Batch
S21
Product Features & Capabilities
- Transfer services for $3, digital dollar accounts, transparent currency exchange, savings on commissions, international spending without hidden fees.
How much DolarApp raised
1 - $5 million
29 months ago (approximately March 2021)Lead Investor: Y Combinator, Kaszek Ventures, and over 50 angel investors
Who are the founders of DolarApp
Company Pricing
- Transfer fees for sending and receiving money: $3 USD per transfer.
- No additional pricing plans or subscription fees mentioned.
Investors
- Y Combinator
- Kaszek Ventures
- Over 50 angel investors
