# ARQ (formerly DolarApp) > Modern finance for the global era ARQ, formerly known as DolarApp, is a financial services company serving Latin America. It lets users hold digital dollars and euros, receive international payments, invest in global markets, and spend worldwide with a card. ARQ, previously known as DolarApp, is a financial services company serving travelers, investors, and professionals across Latin America. It provides a unified platform for holding and moving global currencies, investing in international markets, and spending worldwide. The company targets mass affluent individuals who need practical access to dollar and euro balances alongside everyday spending and investing tools. The platform addresses the difficulty Latin American residents face in accessing stable foreign currency and global markets through incumbent banks. Users can convert local currency into digital dollars or euros at market rates, receive international payments through dedicated account details, and trade in international stocks and exchange traded funds. The company operates as a licensed and regulated financial institution and publishes information on its compliance obligations. Its offering spans currency accounts, the ARQ Card for global spending, and investment access to international markets, grouped under a single app experience. It has recently transitioned from its original DolarApp brand to ARQ, expanding its scope beyond cross border payments into investing and credit while keeping the same underlying accounts and licenses. It serves millions of individual users across several Latin American markets and is backed by venture and financial investors. - Type: Company - Sector: Finance - Status: Active - Founded: 2021-01-01 - Profile: https://thegrid.id/profiles/arq_formerly_dolarapp_ ## Products - [ARQ](https://thegrid.id/profiles/arq_formerly_dolarapp_): ARQ is a neobank offering digital dollar and euro accounts, cards, and investment access for Latin American residents through a single mobile app. Users hold USDc and EURc balances at market exchange rates, receive funds via dedicated US and European account details or local payment rails, and spend internationally with the ARQ Card. The app also provides savings accounts, peer-to-peer transfers, and a US brokerage feature for buying stocks and ETFs. A premium Prestige subscription tier adds a secured credit card backed by savings and investment balances. (Neobank, Live, Main Product) - [ARQ Business](https://thegrid.id/profiles/arq_formerly_dolarapp_): ARQ Business is a multi-currency neobank account for companies in Latin America to hold, move, and spend in digital dollars and euros from a single platform. Companies access US and European account details to receive international payments, issue corporate cards with configurable spend limits, and process bulk payouts to vendors and contractors abroad. The platform lets businesses hedge treasury in digital currencies without establishing foreign legal entities, using its own dedicated login separate from the consumer app. (Neobank, Live) ## Links - [Main](https://www.arqfinance.com) - [Blog](https://www.arqfinance.com/blog) - [Documentation](https://help.arqfinance.com) - [Privacy policy](https://www.arqfinance.com/legal/privacy-policy) - [Terms of Service](https://cdn.arqfinance.com/legal/terms-and-conditions-mexico.pdf?t=1788254275315) - [Twitter / X](https://x.com/arq_finance) - [Instagram](https://www.instagram.com/arq_finance) - [TikTok](https://www.tiktok.com/@arq_finance) - [YouTube](https://www.youtube.com/@arqfinance) - [Facebook](https://www.facebook.com/arqfinance) - [LinkedIn](https://www.linkedin.com/company/arqfinance) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP