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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