Wallbit said it would stop serving users residing in Venezuela after its U.S. banking partner requested account closures amid sanctions; Venezuelan users living outside the country could still be served.
SourcePublic company, workplace, funding, and market signals
Updated Jul 29, 2026
Public sources mostly place Wallbit as a Y Combinator-backed global neobank for remote workers and freelancers, founded in 2022; a few third-party databases list 2021 instead.
Primary product
All-in-one global financial app / neobank with a U.S. bank account, international Visa card, and investment account
Founded
2022
Headquarters
San Francisco, California, United States
Team size
11-50 employees
Work style
Flexible
Industry
Financial Services
Sub-industry
Neobank / digital banking / cross-border fintech
Offices
0 jobs at Wallbit
Check back later for new openings
Business model
Stage
Seed
Total raised
$2M
Latest round
Seed VC - II · Oct 2024
Latest amount
$1.5M
Oct 2024 · Goodwater Capital
Jun 2024 · Parallel18
Jul 2023
Mar 2023
Feb 2023
Jan 2023 · Y Combinator
Leadership
Chief Executive Officer
Chief Operating Officer
Chief Technology Officer
Chief Financial Officer
Head of Growth
Head of Mobile
Founders
Braian Nicolas Fritz
Co-founder and Software Architect
Investors
Young, high-performance, ownership-driven, global-minded, and strongly product/iteration focused; job posts emphasize a 'fail fast' mentality.
Work style
Flexible
Compensation
Public job posts mention competitive salary in USD and potential equity, and ask candidates to share compensation expectations.
Benefits
Pricing
Freemium subscription model with Classic, Pro, and Max tiers plus select transaction, FX, and trading fees
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Estimated monthly visits
27.8K
Wallbit said it would stop serving users residing in Venezuela after its U.S. banking partner requested account closures amid sanctions; Venezuelan users living outside the country could still be served.
SourceWallbit blog · Jul 2026
Wallbit published a post positioning itself as an alternative to Offramp as Offramp winds down; the post highlights Wallbit's U.S. account, stablecoin rails, international card, and global payments.
Wallbit LinkedIn · Apr 2026
Wallbit said March was a record month across MAUs, deposits, traded volume, AUM, average volume per user, and total revenue.
CB Insights / La Nación coverage · Feb 2026
Coverage of Wallbit's RoboAdvisor launch said the company had more than 100,000 clients, annual operations above US$300M, and planned to bring automated investing to users in its 90-country footprint.
Forbes Argentina · Nov 2024
Profile of Wallbit's founders and go-to-market; it described the company as a neobank for remote workers in LatAm and said the seed round included Rebel Fund, Goodwater Capital, and Zentani Capital.
Tekios · Oct 2024
Reported Wallbit's US$1.5M seed round and named Goodwater Capital, Rebel Fund, Zentani Capital, Maiora Capital, and angel investors among the backers.