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Wallbit

US-dollar neobank for remote workers

Product Engineer

Full-TimeUpdated on 10/23/2026
No salary listed
Mid, Senior
Buenos Aires, Argentina
HybridHybrid work in Buenos Aires; may work from anywhere in the world for up to 2 months each year.
Software EngineeringFull-Stack Engineering

About the job

Requirements
  • 3–5+ years of experience as a Software Engineer, Full Stack Engineer, Product Engineer, or in a similar role.
  • Experience working with modern backend and frontend or mobile technologies; the current stack includes Laravel (PHP), React Native, Python, and JavaScript, but experience with this exact stack is not required.
  • Experience using artificial intelligence-powered tools to accelerate development and improve workflows.
  • Proven ability to take ownership of features and projects, from initial problem-solving through implementation and delivery.
  • Ability to work in fast-paced environments where experimentation and rapid iteration are part of the development process.
  • Commitment to writing clean, maintainable code and solving problems efficiently.
  • Ability to work closely with different teams to turn ideas into effective solutions.
Responsibilities
  • Develop full-stack features across backend and frontend or mobile.
  • Own features end-to-end, from understanding the problem and exploring potential solutions through technical implementation, deployment, and monitoring.
  • Take an active role in product development by identifying opportunities to improve the user experience and proactively proposing new features and improvements.
  • Work closely with the team to translate business needs and user problems into effective, scalable technical solutions.
  • Challenge existing solutions, identify inefficiencies, and look for ways to improve the product and development process.
Desired Qualifications
  • Previous experience working in high-growth startups.

About the company

Wallbit is a neobank serving global remote workers, especially in Latin America, providing non-US residents with a US-based bank account to receive USD via ACH, wire, and SWIFT from employers and platforms like Deel and OnTop. It offers an international Visa debit card, local currency withdrawals in countries such as Argentina and Mexico, and QR payments in Argentina and Brazil, plus an in-app investment account to buy US stocks, ETFs, and T-Bills. The service focuses on low fees (no charges for USD deposits or account maintenance) with a one-time card issuance fee, and it partners with Atomic Invest LLC and Pershing Advisor Solutions to provide SEC-registered advisory and SIPC protection up to $500,000. Wallbit aims to enable financial inclusion by delivering easy US-dollar banking and cross-border payments for freelancers, digital nomads, and remote workers.

Company Size

11-50

Company Stage

N/A

Total Funding

$1.7M

Headquarters

San Francisco, California

Founded

2021

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Simplify's Take

What believers are saying

  • Wallbit claims 100,000 users, $20 million deposits, and profitability in 2026.
  • It entered Colombia in 2025 and targets 10,000 new customers there.
  • The 2026 Series A narrative supports expansion across 21 countries and higher custody assets.

What critics are saying

  • Heavy dependence on Latin American freelancers exposes Wallbit to customer churn and FX shocks.
  • Bangor Savings Bank, Pershing, and Atomic create partner concentration and compliance fragility.
  • A Trustpilot backlash or cross-border regulatory action could choke acquisition within 12 months.

What makes Wallbit unique

  • Wallbit bundles U.S. banking, Visa spending, and investing for Latin American remote workers.
  • YC W23 backing and 2026 hiring signal venture legitimacy and product velocity.
  • It undercuts Wise and Payoneer with zero-fee ACH and wire receipt.

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Benefits

  • Paid Vacation
  • Paid Holidays

Growth & Insights

6 month growth

-2%

1 year growth

2%

2 year growth

-5%