Fernando

Building @arq_finance

[Aaron Epstein @aaron_epstein]

Congrats to @tmzfernando and @arq_finance on their $70M Series B from Sequoia and Founders Fund!

5 years ago during YC as DolarApp, they would fly to shopping malls in Mexico City to get strangers to buy digital dollars.

Now they process over $10B annualized across 4 countries.

[Santiago Fossatti @safossatti]

AMEX just told me they're dropping international, non-US clients.
After 15 years as a loyal cardholder, I got the call today.

The same day, and I'm not making this up, ARQ launched its Prestige card.

Lower fixed fees. No FX spread. 2% cashback, revolving with 10% APR.

Sometimes the market creates a vacuum and someone fills it the very same afternoon.

The future of fintech isn't "coming." It showed up today.

If you're an international professional who just lost your AMEX, check out ARQ. Link in comments.

[Andrew Reed @andrew__reed]

Stablecoins are quickly becoming a mainstream part of global financial infrastructure.

Despite crypto asset prices, there is unbelievable progress and adoption.

Excited to finally announce our investment in @arq_finance (DolarApp). Incredible growth, and a lights-out team.

[Fernando @tmzfernando]

@aaron_epstein @arq_finance Let’s GO!!!

[Aaron Epstein @aaron_epstein]

Major rebrand and major fundraise announcement on the same day, @arq_finance is on fire! Congrats @tmzfernando, Alvaro and Zach!

[ARQ (DolarApp) @arq_finance]

Today is a big day for ARQ as we welcome @sequoia and @foundersfund as partners.

This milestone reflects conviction in the opportunity ahead of us — and in the exceptional team we are assembling to pursue it. We are in a quest to redefine finance in the Americas, and we feel privileged to advance this long-term effort alongside such remarkable partners.

We thank @andrew__reed and @Vanthienen_m for leading the respective investments, and are also grateful to @ycombinator (@aaron_epstein ), @KaszekVentures (@HernanK), and @BHDigitalAssets (@TheChicagoVC) for their continued support.

For the builders: we operate with long-term ambition and absolute conviction. If you are exceptional at what you do, this is a defining moment to join us. We are building one of the most important financial institutions in the world — and assembling the team to make it happen.

More details in our careers portal in the thread.

[James Flynn @jamesfly]

DolarApp is now ARQ! We @sequoia are thrilled to announce our investment along with @foundersfund!

ARQ bet early on stablecoins and is now letting 2M+ consumers (growing FAST!) in Latam save, spend and grow their money.

They're hiring in in NYC and are the best team to join if you wanna ship cool fintech products with great ppl!

[Stripe @stripe]

For Black Friday and Cyber Monday weekend, we created a miniature city with real-time data to celebrate businesses building on Stripe.

[Fernando @tmzfernando]

@ay_o

[Fernando @tmzfernando]

@SavageTechnoREC @getdolarapp acá va uno de regalo! VrRZy0fi8B

[Fred Lardieg @FredLardieg]

🚀 Stablecoins is THE killer use case of #blockchain that is taking off right now! On this episode of Real Use Cases of Blockchain, I talk to Fernando Terrés @tmzfernando, the co-founder and CEO of @getdolarapp, a neobank built on stablecoin infrastructure
https://t.co/lEOOYUx5Kl

[ARQ (DolarApp) @arq_finance]

🧠💸Hoy lanzamos un desafío para que demuestres tu capacidad de predecir el precio del dólar digital. 💸🧠

¡Adivina el valor del tipo de cambio para el USDc, y compite por un premio de $500 USDc! 🤑🤑🤑

Abrimos hilo🧵 👇

[Fernando @tmzfernando]

@nicoberman @juan_abadi @martinkonta 954.32 ARS

[ARQ (DolarApp) @arq_finance]

🧠💸Hoy lanzamos un desafío para que demuestres tu capacidad de predecir el precio del dólar digital. 💸🧠

¡Adivina el valor del tipo de cambio para el USDc, y compite por un premio de $500 USDc! 🤑🤑🤑

Abrimos hilo🧵 👇

[Fernando @tmzfernando]

Si trabajas desde #mexico o #argentina para una empresa en #USA y cobras en #dolares por #Deel, queremos ayudarte a vivir una vida mejor. Únete gratis aquí: https://t.co/Y0z6aFj2o5

[ARQ (DolarApp) @arq_finance]

@deel 🤝 @getdolarapp: work for US companies, get paid in LatAm.

Exclusive deal live in Argentina and Mexico - get paid in USD without fees, spend in any currency at the best rates and cashback. Find out more at: https://t.co/oITNLcbCMu

[Fernando @tmzfernando]

@darian314 @getdolarapp @KaszekVentures Thrilled to have you onboard!!! Let’s go!!!

[Darian Shirazi @darian314]

Congrats @getdolarapp on raising $5MM led by @KaszekVentures to allow instant-sweep to USDC in Latam! Excited to be a pre-seed investor in such a cool company https://t.co/NMSbAe1Q66

[Marius Budin @MariusBudin]

Looking for an enthusiastic mid Android Kotlin developer to build together an app to bank 600M people in USD, USDc and multiple local currencies in LATAM. You'll be working with an ex-Revolut core team on a project backed by YCombinator.
Full remote, EU timezones
DMs open, RT 🙏

[Fernando @tmzfernando]

@andrewchen You can’t leave without meeting @juan_abadi from @KaszekVentures !

[Benjamín Garmendia @garmendiabenja]

creating an account + card @getdolarapp took 2 minutes. what an amazing experience. not even transferwise was this easy.