# 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.

- **Founded:** 2022
- **Headquarters:** San Francisco, California, United States (operations rooted in Buenos Aires, Argentina)
- **Founders:** Rodrigo Vidal (Co-founder & CEO), Tomas Bruzza (Co-founder & Head of Product / COO), Martin Gira (Co-founder & CTO), Braian Fritz (Co-founder & Software Architect / VP Engineering)
- **Team size:** ~17-38 employees (YC lists ~17; enrichment data lists 38)
- **Products:** US Checking Account (Global Account), International Visa Debit Card, US Investment Account, Instant Withdrawals to Local Currency, Business / Contractor Payments Portal
- **Notable:** Accepted into Y Combinator's Winter 2023 batch - one of few Argentine startups to be backed by YC., Raised roughly $1.5M-$2M across seed rounds from Rebel Fund, Goodwater Capital and others., Achieved SOC 2 Type I and Type II certification.

## Products & services

- **US Checking Account (Global Account)** — A US-dollar account for non-US residents to receive ACH/wire income with no US physical presence required, with $0 deposits and account opening.
- **International Visa Debit Card** — Physical and virtual debit card usable in 150+ countries with local currency conversion; one-time $5 issuance fee.
- **US Investment Account** — Access to 10,000+ US assets - stocks, global ETFs, Treasury bonds and other instruments - from a $1 minimum, with SIPC protection.
- **Instant Withdrawals to Local Currency** — Convert and send USD to local currency and bank accounts in Latin America in about 5 minutes.
- **Business / Contractor Payments Portal** — Tools for companies to pay international contractors and manage payroll.

## Achievements

- Accepted into Y Combinator's Winter 2023 batch - one of few Argentine startups to be backed by YC.
- Raised roughly $1.5M-$2M across seed rounds from Rebel Fund, Goodwater Capital and others.
- Achieved SOC 2 Type I and Type II certification.
- Expanded coverage to 20+ countries across Latin America and Europe.
- Built an investment account offering 10,000+ US assets with a $1 minimum.

## Latest updates

- **2024-10** — Closed a $1.5M Seed VC II round with Rebel Fund, Goodwater Capital, Zentani Capital and Maiora Capital; profiled in LatAm tech press as a neobank for remote workers.
- **2024** — Expanded the investment account to 10,000+ US assets with a $1 minimum and rolled out business contractor-payment tooling.

## Links

- Website: https://wallbit.io
- LinkedIn: http://www.linkedin.com/company/wallbit
- Twitter/X: https://twitter.com/wallbit_app
- Instagram: https://www.instagram.com/wallbit_app
- TikTok: https://www.tiktok.com/@wallbit_app

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Profile page: https://yespress.io/wallbit-yc-w23
Published by YesPress — https://yespress.io
Last updated: 2026-07-30