Kontigo
USDC-Smart Neobank for Latinos.
About
We’re building Kontigo, a USDC Smart Neobank for Latinos in the U.S. and Latin America.
We launched our Peer-to-Peer onramp 20 days ago and we’ve already had $540k in deposits, 10k active users and a +300k waitlist.
The founding team has built and scaled fintechs in Latam, and it’s ex-Venmo, Nubank, Rappi, MercadoLibre, Ualá, Platzi, and Yuno.
We’re already backed by DST Global, Soma Capital, Pioneer Fund, Transpose + 10 YC alums.
Sending money to Latin America is just as painful as holding it due to the region's fragmentation into 33 countries with 39 different currencies.
On one hand, cross-border payments to Latam are absurdly expensive (up to 20% per transaction). Conversely, over the past decade, currency depreciation across the region has become unsustainable. (some countries surpassing the trillion percent ).
Kontigo solves this with a USDC global wallet & a BTC savings account.
- Like Venmo, but on-USDC. - Like Zelle, but for cross-border payments. No limits. - Like Nubank & Revolut, but without inflationary currencies. Bitcoin-backed.
User wallets are connected to an AI-private banker on WhatsApp to execute international USDC transactions.
Topics
- Location
- San Francisco, CA, United States
- Team size
- 10 employees
- YC batch
- Summer 2024
- Status
- Active
- Stage
- Early stage
