Wallbit (YC W23)

Our CEO Rodrigo Vidal is attending Money20/20 in Las Vegas next week! Let us know if you're around, we'd love to connect!

Wallbit is growing every day for multiple reasons: •The development of our acquisition channels •We're obsessed with metrics to improve customer support and retention. •Our product team is constantly improving our services But there’s another reason... The market itself is growing fast too📈 Let’s dive into that: As a global neobank for remote workers, we’ve witnessed how remote hiring has exploded, especially post-pandemic. Why is this happening? •With internal communication tools making remote work seamless, the need for physical office collaboration is a thing of the past. So if companies start hiring talent across cities, why not across countries? •Cross-border payroll and global neobanks emerge to solve all these international banking needs, Wallbit is one of them but our competitors are important here too! We’re all developing this market together (if you’d like to know what's Wallbit doing to lead this market just reach us out!) •Governments are also shaping the regulatory and taxation landscape to integrate this new remote work model (aka contractors), making them feel less like “outsiders.” Here's a powerful stat: ~25% of the customers we onboard every month are working for a foreign company for the very first time... if this market weren't growing, these opportunities wouldn't exist. Let’s keep moving forward! 🚀

¡Seguimos sumando nuevos clientes a nuestra API! Hoy queremos darle la bienvenida a Wallbit (YC W23) a nuestro servicio tecnológico. Wallbit es un NeoBank para trabajadores remotos que ofrece cuentas en Estados Unidos, pagos en Argentina, inversiones en bolsa, tarjeta, entre muchos otros servicios. Desde hace unos días Wallbit trabaja con la infraestructura legal, financiera y tecnológica de Let’sBit para procesar sus pagos en Argentina ¡Gracias por confiar en nosotros Rodrigo Vidal,Tomás Bruzza y todo el equipo de Wallbit!

Today, we’d like to talk about how Wallbit is simplifying the finances of remote workers. 💻 Our customers are professionals living in Latin America and working for U.S.-based companies. 🌎🇺🇸 Before Wallbit, they had to find complicated ways to receive their salaries. Typically, they would jump between 3 or 4 payment apps (mostly designed for remittances) to receive dollars 💵 and then cash out in their local currency. This process is slow 🐢 and super expensive —costing them around 5% of their income!! How are we solving it? 👇 Wallbit provides them with a U.S. bank account where they can receive their salaries, and it also allows them to withdraw directly to their local bank accounts in Latin America. Instead of taking days, this flow of funds now happens in literally 8 seconds! ⏱️ So how is this powerful feature improving our customers' financial lives? 💡 ✅ They have 100% immediate liquidity of all their savings in the U.S. While they can save in dollars (and even invest through our investment account 📈), they still have 24/7 access to their funds if they need to spend locally. ✅ They avoid the risks of P2P transactions! Without Wallbit, they would have to use multiple platforms or P2P currency exchange marketplaces, which come with potential scam risks 🛑. ✅ They can maximize their income by reducing withdrawal fees, saving in dollars to avoid inflation in their local currencies, and investing their savings in stocks, ETFs, or U.S. bonds 📊. It’s good to talk about our app features, but it’s great to talk about how they actually improve our customers' day-to-day lives. 🌟

Felicitamos a Outtrip, Wallbit (YC W23), YaVendió y Vita Wallet por ser seleccionados para participar en nuestro Comité de Selección #83 👏 Liliana Barck, Rodrigo Vidal, David Tafur y Joel Zambrano presentaron sus pitches e interactuaron en una ronda de preguntas con un grupo de inversionistas y asesores. En AVP Ventures, mantenemos nuestro compromiso de crear oportunidades de inversión para startups 🚀

The Talent Behind Wallbit: Meet Gonzalo Palummo 🌟 The most valuable asset of Wallbit is our team, so today we'd like to introduce you to Gonzalo! He has over 5 years of experience as a mobile developer working in fintech startups, and he has made a significant impact since he joined us in December 2022. Gonzalo leads our mobile development team following these pillars: -User experience, quick and easy access to your money 📱 -Development speed 🚀 -Monitoring releases in production to ensure everything runs smoothly 🔍 -Cybersecurity, making sure it follows our security standards to protect our users' accounts 🔒 Gonzalo’s dedication and expertise help us continue delivering top-class solutions for our customers. We’re super proud to have you on our team, Gonzalo Palummo! 🎉

The Talent Behind Wallbit: Meet Gonzalo Palummo 🌟 The most valuable asset of Wallbit is our team, so today we'd like to introduce you to Gonzalo! He has over 5 years of experience as a mobile developer working in fintech startups, and he has made a significant impact since he joined us in December 2022. Gonzalo leads our mobile development team following these pillars: -User experience, quick and easy access to your money 📱 -Development speed 🚀 -Monitoring releases in production to ensure everything runs smoothly 🔍 -Cybersecurity, making sure it follows our security standards to protect our users' accounts 🔒 Gonzalo’s dedication and expertise help us continue delivering top-class solutions for our customers. We’re super proud to have you on our team, Gonzalo Palummo! 🎉

Wallbit is now SOC 2 compliant! 🎉
 This achievement indicates that our handling and processing of customers’ data meets key security standards. The protection of customer data is the highest priority for our team and we’re committed to building a robust security & compliance program. We’re thrilled to celebrate this milestone as another way of building trust with our customers. 👩💻👨💻
 We partnered with Vanta  & Advantage Partners to seamlessly guide us through the compliance process .🤝 Check out our website for more details: wallbit.io/security

We had a great time at Digital House’s Live Session! 🚀 During the session, we shared how we created Wallbit to enhance the experience of thousands of remote workers. 🙌🏻 We are excited to continue collaborating with the Digital House community. Thank you to everyone who participated in the session!  🌎💻

¡Tenemos una nueva Live Session en nuestra Comunidad! 🚀 En esta oportunidad nos visita Rodrigo Vidal, Co-founder y CEO de Wallbit (YC W23), para contarnos cómo junto a un grupo de programadores formaron #Wallbit para mejorar la experiencia de miles de trabajadores remotos. 🙌🏻 👉🏻 ¿Qué es #Wallbit? Es una plataforma bancaria para que trabajadores remotos puedan cobrar, ahorrar, invertir y usar su dinero de la mejor manera posible. ¡Súmate y descubre esta historia de éxito para inspirarte en tu camino!💡⚡ 🗓️ Lunes 29 de Julio. ⏰ 18hs (AR) | 16hs (CO) | 15hs (MX) 🔗 https://lnkd.in/dxkMyQ4Q