# Peso

> Protect your pesos. Save in USD.

Peso is a fintech company that lets Latin American users open a US dollar account and spend with a Visa debit card. It requires only a government-issued ID, with no US residency or citizenship needed.

Peso is a financial technology company that provides Latin American residents with access to a US dollar account, addressing local currency depreciation and limited access to dollar savings. Users convert local currency into digital dollar balances using local payment methods, allowing them to save and transact in US dollars without needing US citizenship or residency, only a government-issued ID.

The app addresses the practical barriers Latin American residents face when trying to hold savings outside their local currency, such as limited access to US banking and high conversion costs. Users can fund their balance through local payment methods specific to their country, and the balance can grow through interest paid on holdings. Peso positions itself as a technology company rather than a bank.

The offering centers on a US dollar account paired with a Visa debit card that can be used for purchases and international transfers, including receiving payments from freelance and remittance platforms. It serves individuals across multiple Latin American countries who want to protect savings from local currency volatility and make cross-border payments. Peso is currently active, with its mobile app available for download.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2025-01-01
- Profile: https://thegrid.id/profiles/peso

## Products

- [Peso](https://thegrid.id/profiles/peso): Peso is a mobile neobank app that lets Latin American users open US-based bank accounts and hold savings in digital dollars without requiring US residency or citizenship. Users fund their accounts through local payment methods such as QR-based transfers and credit or debit cards, and can receive incoming payments from freelance and payment platforms. Balances earn a daily-paid annual interest rate, and a companion Visa debit card enables global purchases through Apple Pay and Google Pay. (Neobank, Live, Main Product)

## Links

- [Main](https://www.peso-latam.com)
- [Privacy policy](https://www.peso-latam.com/politicas-de-privacidad)
- [Terms of Service](https://www.peso-latam.com/terminos-y-condiciones)
- [Forum](https://ayuda.peso-latam.com/es)
- [Instagram](https://www.instagram.com/peso.latam)
- [LinkedIn](https://www.linkedin.com/company/peso-latam)

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- [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
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