# ARQ

> ARQ, formerly DolarApp, is a financial services platform for globally mobile consumers and businesses in Latin America. It combines digital dollar and euro balances, international payments, cards, US stock and ETF investing, and secured credit. At its March 2026 rebrand, it reported more than two million customers and over $10 billion in annualized transaction volume.

- **Founded:** 2021
- **Headquarters:** New York, United States
- **Founders:** Fernando Terrés (Co-founder and CEO), Zach Garman (Co-founder and CPO), Álvaro Correa (Co-founder and COO)
- **Products:** Global accounts and digital currency balances, ARQ cards, ARQ Invest / Trade, ARQ Save, ARQ Premium
- **Notable:** Participated in Y Combinator Summer 2021., Reported more than two million customers at the March 2026 rebrand., Reported over US$10 billion in annualized Latin American transaction volume in March 2026.

## Products & services

- **Global accounts and digital currency balances** — Hold USDc and EURc and use US and European account details for international payments; digital balances are virtual assets, not fiat deposits.
- **ARQ cards** — Virtual and physical cards for local and international purchases. Benefits and charges depend on plan and residence.
- **ARQ Invest / Trade** — US stocks and ETFs, fractional investing from $1, with brokerage accounts administered by Alpaca Securities. Standard-plan trades incur a digital-asset conversion fee.
- **ARQ Save** — Earnings accounts with rates and balance caps that vary by membership and market.
- **ARQ Premium** — Membership advertised at 6.99 USDc monthly or 69.99 USDc annually, with rewards, transfer allowances, and other benefits.
- **ARQ Prestige** — Subscription launched in March 2026 with portfolio-backed credit, a metal Mastercard, and enhanced rewards; advertised annual subscription is $199.99. Eligibility and rollout restrictions apply.
- **ARQ Business** — Digital currency treasury, international collections and payouts, bulk payments, and corporate cards with spend controls for Latin American businesses.

## Achievements

- Participated in Y Combinator Summer 2021.
- Reported more than two million customers at the March 2026 rebrand.
- Reported over US$10 billion in annualized Latin American transaction volume in March 2026.
- Announced US$70 million financing in March 2026.

## Latest updates

- **2026-03** — DolarApp announced ARQ branding and a broader investing, credit, and everyday-spending strategy.
- **2026-06** — Prestige documentation says the 4.5% USDc earnings rate became limited to the first $2,000; 3.5% applies thereafter.
- **2026-07** — Standard-plan stock and ETF orders became subject to a 0.2% conversion fee, minimum 1 USDc, from July 20 outside Brazil.
- **2026-09** — The Standard-plan investment conversion fee began applying to Brazilian accounts on September 15.

## Links

- Website: https://www.arqfinance.com/
- LinkedIn: https://www.linkedin.com/company/arqfinance
- Twitter/X: https://x.com/arq_finance
- YouTube: https://www.youtube.com/@arqfinance
- Instagram: https://www.instagram.com/arq_finance
- Facebook: https://www.facebook.com/arqfinance
- TikTok: https://www.tiktok.com/@arq_finance

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Profile page: https://yespress.io/arq
Published by YesPress — https://yespress.io
Last updated: 2026-10-05