Higlobe provides global payment solutions, offering users a free USD receiving account for seamless collection of US-sourced funds. The platform facilitates near-instant local bank withdrawals with a lowest-cost guarantee on foreign exchange fees. It also supports enterprise needs with payroll integrations and stablecoin treasury services.
Funding
$14M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Freelancers and independent contractors face challenges when receiving payments from U.S. clients due to high transaction fees and unfavorable exchange rates associated with traditional cross-border payment methods. These costs can significantly reduce earnings, especially for those in countries with weaker currencies.
Solution
Higlobe provides a platform that enables professionals to receive payments from U.S. companies into a Higlobe USD account, offering unlimited instant transfers. Higlobe guarantees to match any competitor's pricing, ensuring the lowest possible cost for cross-border transactions. Users can withdraw funds to a Higlobe card, Bitso wallet, or local bank account via Pix. The platform also offers automatic earnings on Higlobe balances and is SOC 2-compliant, ensuring secure global money transfers.
Target Audience
The primary target audience includes freelancers, independent contractors, and professionals who receive payments from U.S. companies and seek a cost-effective, secure, and fast method for international money transfers.
Features
- USD account for receiving payments from U.S. companies
- Unlimited instant transfers with no transaction fees
- Lowest cost guarantee, matching any competitor's pricing
- 0.0% FX fee for transfers to Higlobe card or Bitso wallet
- Competitive FX rates for transfers to local bank accounts
- 0.50% FX fee for transfers to local bank accounts via Pix
- 3% automatic earnings on Higlobe balance, earned daily and paid weekly
- SOC 2-compliant payment platform with $20,000 insurance
- Prepaid USD Mastercard option
- Integration with HR platforms