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ARQ

Fintech for currency exchange and transfers

Senior Data Scientist - Growth

Full-Time
No salary listed
Senior
London, UK+1 moreMore locations: New York, NY, USA
HybridThree to four days in-office per week required.
Data & AnalyticsData Science

About the job

Requirements
  • At least 5 years of experience in Data Science, Machine Learning, Applied Statistics, Analytics, or a related discipline.
  • Experience building prediction models in a consumer business, including business-to-consumer or direct-to-consumer environments, ideally involving lifetime value, growth, acquisition, retention, churn, monetisation, or customer value.
  • Strong Python skills and experience working with large-scale datasets.
  • Solid understanding of supervised learning techniques, model evaluation, feature engineering, and statistical trade-offs.
  • Ability to translate ambiguous commercial questions into structured data science problems.
  • Strong business judgement and ability to connect model outputs to real decisions.
  • Experience working cross-functionally.
  • Clear communication skills, especially when explaining modelling assumptions, limitations, and recommendations to non-technical stakeholders.
  • Ability to operate in a fast-moving environment with high ownership and evolving priorities.
  • Fluency in English.
Responsibilities
  • Design, build, maintain, and improve lifetime value prediction models across the company's countries and acquisition channels.
  • Work with Growth and Marketing, Product, Finance, Data Engineering, and Engineering teams to understand business needs and translate them into modelling solutions.
  • Evaluate acquisition quality by channel, campaign, geography, customer segment, and product behaviour.
  • Build models supporting decisions about growth spend, payback periods, customer quality, retention, and long-term value.
  • Analyse large-scale customer, product, marketing, and transaction datasets to identify patterns, risks, and opportunities.
  • Monitor model performance and improve accuracy, reliability, and business impact over time.
  • Create frameworks and metrics that help teams understand trade-offs behind growth decisions.
  • Partner with Data Engineering and Engineering teams to productionise models, pipelines, and reporting where needed.
  • Apply a pragmatic modelling approach that balances technical depth with commercial impact.
  • Contribute to other Data Science challenges across Growth and the wider business.
Desired Qualifications
  • Experience in fintech, banking, payments, investing, lending, or another financial consumer product.
  • Experience at a high-growth business-to-consumer or direct-to-consumer company, such as a consumer fintech, health tech, subscription, retail, wellness, or marketplace business.
  • Experience with lifetime value, customer acquisition cost, payback period, acquisition efficiency, cohort modelling, retention modelling, churn prediction, or marketing mix problems.
  • Experience working across multiple countries, currencies, channels, or customer segments.
  • Experience productionising models or working closely with Engineering and Data Engineering teams to deploy data science solutions.
  • Familiarity with MLOps, model monitoring, experiment design, causal inference, or incrementality measurement.

About the company

ARQ is a fintech app that makes currency exchange and US-related transfers cheaper and simpler. It lets users swap local currencies for US dollars at competitive rates without traditional exchange houses, and it offers digital dollar investments. Transfers to and from the US cost a flat $3, lower than banks, and SPEI transfers from Mexico convert to digital dollars inside the app. Its goal is to reduce costs and complexity of moving money with the US and provide easy access to digital-dollar investments.

Company Size

201-500

Company Stage

Early VC

Total Funding

$75.1M

Headquarters

Mexico City, Mexico

Founded

2021

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Simplify's Take

What believers are saying

  • ARQ raised US$70 million in March 2026 from Sequoia, Founders Fund, and Kaszek.
  • By September 2026, its app advertised two million users and updated product releases.
  • Brazil's September 2026 rollout expands distribution inside the region's largest premium market.

What critics are saying

  • ARQ admits it is not a bank, so balances lack deposit insurance.
  • Wise, Revolut, and Nomad attack ARQ's pricing advantage across Brazil and Latin America.
  • If partners or regulators restrict stablecoin rails, ARQ's cross-border model breaks.

What makes ARQ unique

  • ARQ's March 2026 rebrand unifies digital dollars, euros, payments, cards, investing, and credit.
  • It targets mass-affluent, globally mobile LatAm users ignored by Nubank and banks.
  • Its 2026 app still highlights real-market rates and the Prestige card.

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Benefits

Stock Options

Discretionary performance bonus

Growth & Insights and Company News

Headcount

6 month growth

-40%

1 year growth

0%

2 year growth

-2%
Exame
Aug 5th, 2026
Mexican fintech ARQ raises $70M Sequoia-led round to become high-income banking alternative in Brazil

Mexican fintech ARQ, formerly DolarApp, is accelerating its Brazilian expansion following a US$70 million funding round led by Sequoia Capital. The company targets high-income Brazilians who move money internationally, offering global accounts, foreign exchange, and cross-border payments. Unlike Nubank, Sequoia's first Brazilian investment in 2013, which focused on middle- and low-income consumers, ARQ serves a niche market. Operating in Mexico, Argentina, and Colombia, ARQ entered Brazil in 2025, competing with Revolut, Wise, and Nomad. The fintech plans to invest primarily in product development rather than marketing, employing fewer than 200 staff across four countries. ARQ sees credit cards as its biggest growth opportunity, aiming to reduce financing costs by allowing customers to leverage interest rate differentials between markets. The investment marks Sequoia's return to Brazil after seven years, with the firm exploring further fintech opportunities.

LatamList
Mar 4th, 2026
DollarApp raises $70M from Sequoia and Founders Fund

DollarApp raises $70M from sequoia and founders fund. Dollar App is a dollar USDc account where users can receive, send, and pay in pesos or dollars. Through DolarApp, users can also save in USDc and pay with a global Mastercard that offers up to 4% cash back. With the funds, the fintech will transition its brand from DolarApp to ARQ. ARQ will integrate services including the buying and management of digital dollars and euros, cross-border payments, international cards for travel and online purchases, digital-dollar investment tools, and credit products. ARQ reports more than 2 million users across Latin America and over $10B in annualized transaction volume. ARQ also employs more than 100 people across New York, Buenos Aires, São Paulo, Kraków, Mexico City, Bogotá, and London.

La Nación
Mar 3rd, 2026
ARQ raises $70M to challenge banks with global finance platform for Latin America

DolarApp, a global financial services platform, has raised $70 million in a funding round led by Sequoia Capital, Founders Fund and Kaszek. The company is rebranding as ARQ and expanding beyond international money transfers to become a comprehensive daily finance management tool. Founded in Mexico in 2022, the company operates in Argentina, Colombia and Brazil, offering digital dollar and euro accounts via mobile. It has surpassed $10 billion in annualised transaction volume and serves over two million clients globally. ARQ targets high-income professionals and globally mobile users, positioning itself as an alternative to traditional banking. The platform now includes investment options and a Prestige credit card, aiming to manage everyday finances alongside international payments and cryptocurrency transactions.

Bloomberg
Mar 3rd, 2026
Sequoia, Founders Fund Back $70 Million Raise for Latam’s ARQ (DolarApp)

Venture capital firms Sequoia Capital and Founders Fund are investing in Latin American financial app ARQ via a $70 million raise, ARQ said.

FF News
Aug 9th, 2023
Paymentology And Dolarapp Enables Millions Of Mexicans To Buy Anywhere In Usd Fee-Free

Paymentology, the leading global issuer-processor, today announces its partnership with DolarApp, the Mexican startup which provides digital dollar accounts to consumers across Latin America.Established in 2021, DolarApp has emerged as a pioneering force in Latin America by introducing its USD-denominated credit card. The card grants consumers the ability to send and receive transfers from multiple countries, dollarise their financial transactions with digital dollars and pay with an international card issued by Mastercard in any currency at the best rates – both when they travel and everyday expenses. DolarApp is the first provider in Mexico to offer this service with no foreign exchange (FX) fees and transparent market rates, opening doors for millions of Mexican travelers to spend freely and economically, at the best rates with full transparency.Paymentology plays a vital role in providing DolarApp with a fast and scalable card payment program, along with first-class tokenization and security services. The services enabled through Paymentology encompasses virtual & physical Mastercard card processing, 3DSecure technology, Apple Pay, and Google Pay.As a result of this partnership, DolarApp is proudly the pioneering organization in Mexico, offering the convenience of both Google Pay and Apple Pay to its customers. This collaboration has revolutionised payment options, ensuring a seamless and secure experience for users in the country, and when travelling, while providing a reliable platform that supports DolarApp’s growth and expansion plans.Alvaro Correa, Co-Founder & COO at DolarApp commented: “We are delighted to collaborate with Paymentology as our strategic partner for card issuing and processing in Mexico. Their exceptional expertise and track record in the industry, coupled with their ability to provide tailor-made and agile payment solutions, perfectly align with DolarApp’s vision and requirements