# Hapi

> Hapi is a Peruvian-founded, YC-backed fintech that lets people across Latin America invest in U.S. stocks, ETFs and cryptocurrencies from their phones - with zero commissions, no minimums and an account you can open in about five minutes. Built to knock down the high fees and paperwork that historically kept Latin Americans out of the U.S. markets, Hapi has grown from 10,000 users in 2022 to a reported 500,000-plus clients across roughly 20 countries.

- **Founded:** 2020
- **Headquarters:** San Francisco, California, United States
- **Founders:** Dusko Kelez (Co-Founder & CEO), Piero Sifuentes (Co-Founder & CTO), Billy Caballero (Co-Founder & CTO)
- **Team size:** ~45-70 employees
- **Products:** Hapi mobile app, Fractional shares, Crypto trading, Financial education
- **Notable:** Backed by Y Combinator (Winter 2021 batch)., Grew from ~10,000 users in 2022 to a reported 500,000+ clients., Reached ~$40M in assets under management (as of the 2023 raise).

## Products & services

- **Hapi mobile app** — iOS and Android app to buy and sell U.S. stocks, ETFs and cryptocurrencies with zero commissions and no minimum investment; accounts open in about five minutes.
- **Fractional shares** — Lets users buy fractions of expensive U.S. stocks and ETFs for as little as $5, so a small budget still buys into names like Apple, Amazon or Tesla.
- **Crypto trading** — In-app access to cryptocurrencies including Bitcoin and Ethereum, alongside traditional securities, in a single portfolio.
- **Financial education** — Educational content and resources aimed at first-time Latin American investors to build financial literacy and confidence.

## Achievements

- Backed by Y Combinator (Winter 2021 batch).
- Grew from ~10,000 users in 2022 to a reported 500,000+ clients.
- Reached ~$40M in assets under management (as of the 2023 raise).
- Expanded across roughly 20 Latin American countries.
- Raised $1.6M seed to fund crypto and user expansion.

## Latest updates

- **2023-11** — Announced a $1.6M seed round (raised 2022) from Utec Ventures, Unpopular Ventures, Softeq Ventures and Mural Capital to expand crypto offerings and grow its user base across LATAM.
- **2023-01** — Reported target of reaching 300,000 users by end of 2023 and 500,000 by mid-2024, with ~$40M in assets under management.

## Links

- Website: https://hapi.trade
- LinkedIn: http://www.linkedin.com/company/hapi-app
- Twitter/X: https://twitter.com/hapiapp_
- Instagram: https://instagram.com/imhapiapp
- Facebook: https://facebook.com/imhapiapp

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Profile page: https://yespress.io/hapi-app
Published by YesPress — https://yespress.io
Last updated: 2026-08-05