Vita Wallet is a mobile‑first digital wallet that lets individuals and businesses in Latin America send and receive cross‑border payments to over 190 destinations—including bank accounts and digital wallets—using just an account number or email.
Funding
$840K 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
Individuals and businesses in Latin America often face high fees, slow processing times, and limited access when sending or receiving international payments, especially to and from local bank accounts or digital wallets.
Solution
Vita Wallet provides a mobile-first digital wallet that enables users to transfer money internationally to over 190 destinations, including bank accounts and email addresses, with fees up to 70 % lower than traditional providers. The platform supports sending and receiving funds in local currencies such as Chilean, Colombian, Mexican, Argentine pesos and US dollars, and offers real‑time payouts through integrations like the Bre‑B instant payment system in Colombia. For businesses, Vita Wallet offers an API that automates pay‑ins and pay‑outs 24/7, connects to more than 10 000 banks, and includes screening, alerts, and white‑label options. All transactions are encrypted, with two‑factor authentication and Google Cloud‑based security controls, while a multilingual support channel (chat, email, social media) assists users throughout the process.
Target Audience
Primary users are individuals in Latin America who need affordable, fast international transfers, and businesses (FinTechs, SaaS, e‑commerce, travel, logistics, HR, and startups) that require automated cross‑border payment processing.
Features
- Mobile app for sending and receiving cross‑border payments to bank accounts or digital wallets using only an account number or email
- Low‑cost fee structure (up to 70 % cheaper) and fast settlement times, including instant transfers via local payment rails such as Colombia’s Bre‑B
- API for businesses that supports automated pay‑ins, pay‑outs, multi‑currency receipt, and integration with over 10 000 banks worldwide
- White‑label solution allowing companies to brand the payment experience under their own name
- End‑to‑end encryption, TLS/SSL, data‑at‑rest encryption, and 2FA security managed on Google Cloud Platform
- Continuous monitoring, audit logs, and compliance screening to mitigate fraud and regulatory risk
- 24/7 technical support via chat, email, and social channels, plus detailed documentation and sandbox environment for developers