ARQ Raises $70 Million From Sequoia and Founders Fund to Expand Stablecoin Finance in Latin America

TLDR: ARQ, formerly DolarApp, raised $70M with Sequoia Capital and Founders Fund leading the round. The company serves 2 million+ customers and has crossed $10 billion in annualized transaction volume. CEO Fernando Terrés plans to add wealth management, high-yield accounts, and credit card products. Latin America startup funding reached $6.2 billion in 2025, its strongest [...]

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