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Security and Regulations: Colombia

Updated over 4 months ago

At DolarApp, we are constantly working to ensure that your digital dollars and account are always secure. Here are some important details:


📖 Regulation

Our operations in Colombia are supervised by the Superintendence of Industry and Commerce, and we are registered with the Financial Intelligence Unit of Colombia (UIAF), which is attached to the Ministry of Finance and Public Credit.

Although DolarApp is neither a bank nor a traditional fintech and does not collect money from users, we comply with local regulations related to transactions and cards, both virtual and physical.

We are authorized to operate with virtual assets and comply with reporting requirements for:

  • Transactions in pesos.

  • Credit card operations within the national territory.

Additionally, our processes are audited and certified, as evidenced by our SOC2 certification and Security Audit.


🗂 Top-level Investors and Partners

We are backed by prestigious investors such as:

  • Y Combinator

  • Kaszek (investors in companies like Airbnb, Rappi, Nubank, and Credijusto).

We also have world-class partners like Mastercard, which ensures the quality and trust of our services.


🔐 Account Security

To protect your account and card, we have implemented the most advanced security measures:

  • Two-Factor Authentication (2FA): Ensures secure access to your account.

  • Card Freezing: You can easily freeze and unfreeze your card directly from the app in case of loss or theft.

  • Tokenization: Your payment data is encrypted to keep it always protected.


⚙️ Support When You Need It

If you have any issues with your account, payments, or transactions, you can contact our support team:

  • Instant chat: Available directly from the app.

  • Email: Write to us at help@dolarapp.com.


With DolarApp, your security is our priority. 💚🚀

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