ARQ Raises $70M in Funding

ARQ, formerly DolarApp, is expanding from dollar transfers into a broader financial app for internationally active Latin American customers. New funding supports hiring and the rollout of that wider offering.

Round size
$70M
Stage
Undisclosed
Headquarters
Mexico
Announced
Mar 3, 2026

An account for finances across borders

The platform combines currency balances, international transfers and card spending. Its expanded direction includes investing and credit products for customers whose work, purchases or assets span several markets.

Building beyond the original app

The financing backs the transition to ARQ and recruitment as the company adds services beyond dollar-denominated transfers. Its product plans include wealth management, local-currency yield accounts and deeper credit offerings.

Where the funding goes

  • Fund hiring and the rebrand
  • Expand financial services beyond dollar-denominated transfers

Sources

  1. ARQ: funding announcement
  2. Company rebrand and product statement
  3. Funding report naming Kaszek participation
  4. Later financing coverage under the previous name
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Related funding rounds

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