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Summer 2024Fintech

Kontigo

USDC-Smart Neobank for Latinos.

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About Kontigo

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.

Quick facts

YC Batch
Summer 2024
Founded
2023
Team size
10
Industry
Fintech • Fintech -> Banking and Exchange
Website
kontigo.lat
Profiles
LinkedIn · Twitter · GitHub · Crunchbase

Founders

jesus alberto Castillo ferrer
CEO & Co-founder
I'm a Venezuelan founder obsessed with closing the financial inclusion gap for 1.7 billion humans. - Previously built the largest micro-lending platform in Venezuela, reaching over 500k SMBs in low-income communities wi…
Gino Guatavita
Founder
Co-Founder & CTO at Kontigo. Tackling one of the biggest challenges in the region, access to credit and the financial system. Currently 500M+ people on Latam are under-banked, we are solving this with alternative data, A…

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