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← Embedded Finance Index 2026/Stories/ARQ
The embedded-finance story

ARQ

2021–2026 in 6 milestones, 2 of them in payments, lending, licences or reported financials.

2021
Founded
New York, NY, USA
Headquarters →
~$75M+ (disclosed)
Raised
6
Licences held
● Founded◇ Product◆ Funding○ MilestoneEmbedded finance
2021
● Founded

Founded as DolarApp, enabling Latin American users to hold digital USD via stablecoins.

◆ Funding

Seed $125K

2022
◆ Funding

Raised $5M seed round from Y Combinator and Kaszek.

2026
○ MilestoneEmbedded finance

Building cross-border payment infrastructure on Tempo across Latin America for faster settlement and lower costs.

◇ ProductEmbedded finance

DolarApp rebranded to ARQ, launched Wealth product (stocks/ETFs for Brazilian investors via Oslo Capital DTVM) and Business accounts.

Source ↗
◇ ProductAug

USDc Earnings Account launched with tiered yield (2% Standard / 3.5% Premium / 4.5% Prestige).

Source ↗