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Feb 2023Wallbit 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.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
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
San Francisco, California, United States
Buenos Aires, Argentina
Bogotá, Colombia
Colegiales, Buenos Aires, Argentina
Milan, Italy
Santa Cruz de la Sierra, Bolivia
Business model
subscription tiers
card issuance and FX fees
investment/trading commissions
cross-border payments / transfer fees
developer API platform
Funding
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
People & investors
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
Work & culture
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
salary in USD
potential equity
remote-first work
hub access in San Francisco, Buenos Aires, and Bogotá
Product & market
Pricing
Freemium subscription model with Classic, Pro, and Max tiers plus select transaction, FX, and trading fees
Differentiators
- —one app for getting paid, spending, and investing
- —U.S. bank account in the user's own name
- —international Visa card
- —public API for programmatic account control
- —stablecoin on/off-ramp and local-currency rails
- —SIPC-protected investment account
- —24/7 in-app support
Technology
PHP
Laravel
Python
Flask
React
AWS
MySQL
Docker
Kubernetes
Terraform
Prometheus
Grafana
Datadog
Appium
OpenAPI
MCP / AI assistant integrations
Intercom
Customers
remote workers
freelancers
digital nomads
non-U.S. residents receiving income in USD
Latin American users with international income
teams using the business portal
Competitors
Payoneer
PayPal
Wise
Offramp
Revolut
Scale & contact
Estimated revenue
$1M-$10M
Estimated monthly visits
27.8K
Signals & risks
Latest news
Wallbit 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.
Jobs and careers at Wallbit
0 jobs at Wallbit
No open positions
Check back later for new openings