Kontigo — USDC-Smart Neobank for Latinos. 
Location: San Francisco, CA, USA
Industry: Fintech -> Banking and Exchange
Tags: Fintech, Crypto / Web3, SMB
YC batch: S24 | Status: Active | Team size: 10

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.