Dollarize
“Can Dollarize become the default USD savings and spending account for Latin Americans by offering instant dollarization, fee-free remittances, and a globally usable prepaid Visa card?”
HQCalifornia, USA
IndustryFintech / Consumer banking
The story
Dollarize targets the Latin American diaspora and cross-border remittance market, offering USD-denominated accounts from the US so users in high-inflation/devaluation countries can store savings in dollars. The core value proposition is dollar protection against local currency devaluation, with fee-free international transfers and a prepaid Visa card for global spending. The card program is enabled through Bridge Ventures LLC (Program Manager) with Lead Bank as the issuing bank, and BankProv as a banking partner — signaling a multi-rail approach to BaaS.
Last 12 months
Product timeline
2025
Launched Dollarize Card — a Lead Bank Prepaid Visa issued via Bridge Ventures LLC as Program Manager, enabling cardholders to spend in USD worldwide.· card
2025
Privacy policy updated March 25, 2025; platform offers USD-denominated accounts, instant fee-free international transfers, and FX conversion for Latin American users.· banking
Regulated entities
1
regulatory licence held by Dollarize
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Dollarize’s embedded-finance stack
Banking / BaaS
Card issuing
in the full report
Sponsor bank
in the full report
Crypto
in the full report
Accounting gap: none
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.