Fintech ARQ, previously DolarApp, announced on Thursday the launch of a B2B global account for companies in Brazil. The service meets demand from retail clients for business solutions. Founded by ex-Revolut employees, the company processes US$ 10 billion in annualized transactions.
ARQ, a fintech founded by three former Revolut employees, launched a B2B global account for companies in Brazil. The firm raised US$ 70 million (R$ 361 million) from investors including Sequoia Capital, Founders Fund, and Kaszek, and has 2 million users.
Leonardo Bernini, ARQ's general director in Brazil, said the service stemmed from strong retail client demand. "At first, we did not plan to launch this service in Brazil, but we recorded very strong demand from our retail clients, who asked for PJ solutions. Many companies internationalized from Covid onward," he stated.
The platform includes batch international payments, user controls with varying permissions, and centralized global expenses. Bernini noted the corporate market is more competitive in Brazil than in Argentina, Mexico, or Colombia, involving larger amounts.
The company relies on operational efficiency and competitive rates to win over the premium segment, which demands high trust. A challenge is high corporate debt: 8.9 million debtor firms at end-2025, with R$ 213 billion in debts per Serasa Experian. ARQ has limited credit so far, launching cards only for top individual users.