remittances
(14)
Stellar Development Foundation
The nonprofit behind Stellar wants to make moving money across borders as cheap as sending an email - and it has convinced MoneyGram, PayPal, and Franklin Templeton to help prove it.
Cleva
Cleva is a USD banking platform that lets freelancers, remote workers and businesses in Africa - starting with Nigeria - open U.S. dollar accounts in their own name, receive international payments via ACH, wire, or stablecoins (USDC/USDT), and spend through a virtual dollar card. Founded in 2023 by Stripe and AWS alumni Tolu Alabi and Philip Abel, and backed by Y Combinator (W24), Cleva helps users get paid in dollars and hedge against local currency volatility.
Coco Wallet
Coco Wallet (YC S19) is a global dollar account powered by stablecoins. Founded by Venezuelan entrepreneur Kevin Charles and his co-founders, it lets Latin American migrants and their families send, spend, save, and earn in digital dollars from a mobile app - combining the simplicity of a neobank like Nubank or Revolut with the freedom of self-custodial Web3, so people can access stable, borderless money without a traditional bank.
Karsa
Karsa is a stablecoin neobank that gives people in emerging markets a global dollar account. Users can deposit local currency, save in dollar-denominated stablecoins, receive international payments, cash out to local banks, and spend abroad with a card - without needing a traditional US bank or any crypto knowledge. The product hides the complexity of self-custody wallets and a peer-to-peer stablecoin network behind a familiar banking interface, targeting the roughly one billion people who live under high inflation and capital controls.
Kontigo
Kontigo is a USDC-based neobank built for Latinos in the U.S. and Latin America. It pairs a self-custody stablecoin wallet with a card, no-fee cross-border transfers, yield on balances, and an AI banker over WhatsApp - aiming to give people in high-inflation economies a dollar account that works across borders. Founded in 2023 and part of Y Combinator's Summer 2024 batch, it reported roughly 1 million users and over $1 billion in payment volume before raising a $20 million seed round in December 2025.
Milio
Milio (YC W23) is a Colombian fintech building real-time, account-to-account payment infrastructure for Latin America. Through a single API, banks, fintechs, and enterprises can move money between accounts in seconds - handling collections, disbursements, cross-border transfers, and treasury automation while cutting transaction costs by up to 80%.
QUIK
QUIK is a Maracaibo-born super app that lets Venezuelans pay, save, shop and get food or groceries delivered in about 30 minutes, all from one phone. Its stablecoin-backed wallet lets users hold and spend in a currency that holds its value in a country long battered by inflation, while its QUIK Pro side gives merchants the software to run their storefront, inventory and logistics. Backed by Y Combinator in the Winter 2022 batch, it was the first startup from Maracaibo to be accepted into the accelerator.
Settle Network
Settle Network is a Buenos Aires-based fintech that builds the fiat-to-crypto rails Latin America runs on. Through its Latamex gateway and Stellar-based settlement infrastructure, it lets exchanges, businesses, and users convert local currencies like the Argentine peso and Brazilian real into crypto and stablecoins - and back again - in seconds. A Y Combinator S22 company backed by the Stellar Development Foundation, Settle became the on/off ramp behind global exchanges including Binance and OKX across the region.
Wallbit
Wallbit is a US-dollar neobank built for global remote workers and freelancers who earn in dollars but live outside the US. Through a single app, users open a US checking account, get an international Visa debit card, invest in US stocks, ETFs and Treasury bonds from as little as $1, and cash out to local currency in about five minutes. Founded in 2022 by four Argentine engineers and backed by Y Combinator (W23), it serves professionals across 20+ countries in Latin America and Europe.
TransFi
TransFi is a Dubai-headquartered payment infrastructure company that moves money across borders on stablecoin rails. Its platform lets businesses and Web3 apps collect, convert and pay out funds across fiat and stablecoins, spanning 100+ markets, 40+ currencies, 250+ local payment methods and 130+ digital assets. Founded in 2022 by former McKinsey payments partner Raj Kamal, TransFi targets high-friction emerging markets across Asia, the Middle East, Latin America and Africa, replacing slow correspondent-banking and SWIFT flows with near-instant settlement.
Pana
Pana is a Miami-based, Y Combinator-backed neobank building a stablecoin-native dollar account for Latinos and immigrants in the United States and their families across Latin America. It powers a closed-loop remittance network - borderless USD balances that move money instantly between users with zero fees, backed by USDC and settling to more than 5,000 banks across 27 countries. Founded in 2021 by Piero Nunez del Risco and Luis Pena, Pana pairs a consumer app (US checking-style accounts opened with a passport, a Mastercard debit card, direct deposit, and free peer transfers) with an emerging embedded-finance layer that lets banks and platforms serve the US diaspora.
Sentz Global
Sentz (formerly MobileCoin) is a San Francisco-based fintech building a free, self-custodial mobile wallet that lets people send, save, receive and earn in stablecoins. Its dollar-pegged eUSD moves money across borders in seconds for a fraction of a cent, with end-to-end encryption and full user custody. Used in 180+ countries with deep traction in Nigeria, Sentz targets freelancers, remote workers and families sending remittances, and offers up to 8% yield through Sentz Earn.
Común
Común is a New York-based digital bank built Spanish-first for immigrants in the United States. It offers an FDIC-insured checking account, a Visa debit card, low-cost cross-border remittances, Zelle access, and one of the largest cash-deposit networks in the country - all openable without a Social Security number. Founded in late 2021 by Mexican immigrants Andrés Santos and Abiel Gutiérrez, Común set out to fix the financial exclusion they experienced firsthand, and it has grown into one of the fastest-growing consumer fintechs serving the Latino community.
Félix
Félix (Félix Pago) is a Miami-based fintech that lets Latin Americans in the U.S. send money home through a WhatsApp chat. Under the hood, it routes transfers over stablecoin rails (USDC) and uses AI to handle compliance and customer service in Spanish. Founded in 2020 by Manuel Godoy and Bernardo García, the company has moved more than $1 billion across nine LatAm corridors and raised a $75M Series B led by QED Investors in April 2025.