"Your global credit and debit account in dollars."
TL;DR; Kontigo is connecting all Latinos across the U.S. and Latin America through a single banking app that is global, instant, and stable.
Founded by Jesus Alberto Castillo Ferrer & Gino Guatavita
The real problem:
- The fundamental problem behind high fees, underbanked users, and failed currencies, both in Latam and the US, is precisely the same: the lack of a stable currency with global access and minimum government interference.
The consequence of the problem:
- The U.S. is home to 65 million Latinos, representing the fastest-growing population in the country; despite this, 35% of them are underbanked.
- Each year, Latinos in the U.S. send over $170 billion to Latin America, often incurring fees as high as 20%.
- Once the money reaches Latam, recipients may incur additional fees of up to 10% to convert and cash out.
- In contrast, Latin America has a population of 700 million, with 20% of households relying on remittances for income and 75% of the population being underbanked.
- Latin America's financial fragmentation worsens the problem, with 33 countries using 39 different currencies. Over time, all of these currencies have failed due to devaluation, inflation, and poor monetary policies.
Kontigo offers a USDC global wallet with 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.
Made for real-life use cases—no crypto BS.
User wallets are connected to an AI-private banker on WhatsApp for their daily needs.
- Execute international USDC transactions.
- Build-Credit. Build Wealth.
- Plan your BTC retirement.
They have brought together a “founder mode” dream team!
- +10 years building in fintech.
- CEO prev built the largest micro-lending app in Venezuela.
- CTO prev built and scaled 2 fintech companies in Colombia, Mexico and Ecuador.
- CPO prev built A WhatsApp co-pilot for business owners. Ex-Platzi and HolaCasa. (YC companies).
- COO prev built an LLM marketplace for Latam using micro-payments instead of subscriptions.
- Head of design prev was founding team at Rappi, Grability, Imaginamos and Yuno.
- Head of branding prev built an ultra-premium hand-crafted agave spirit brand.
- Head of Web3 prev built an on-chain grocery delivery app for Colombia.
- Head of engineering prev was tech lead at Venmo app development. (+Built a B2B payment startup in Mex).
- Head of Content prev developed Ualá and Mercado Libre marketing strategy.
Kontigo is:
- Already backed by DST Global, Soma Capital, Pioneer Fund, Transpose, HF0, Founders, Inc. Orange DAO, Optimism. +10 YC Alum.
- Profitable.
- +2 year runway.
They are going to be successful because they have done it before. This time, they are aiming for the moonshot. Help them unlock universal wealth!
Stable Currency, Global Access.
Learn More
🌐 Visit www.kontigo.lat to learn more.
🔄 Have a Latino friend? Share the app with friends who need it.
🤝 Do you know any business, startup, or company that makes cross-border payments or needs a product like theirs? Connect them!
👣 Follow Kontigo on LinkedIn & X
← Back to all posts
