Vita Wallet

What Vita Wallet does

Vita Wallet is a Chilean-headquartered cross-border payments fintech founded in 2019 by brothers Joel and Moisés Zambrano. Through a self-serve mobile (iOS/Android) and web platform, it enables individuals and businesses to send international money transfers to more than 190 countries, with claimed commission savings of up to 70% versus traditional remittance channels. Its core technology routes settlement through cryptocurrency assets (USDT, USDC, BTC) on multiple chains (BEP-20, ERC-20, Polygon), with local-bank payout networks in destination countries that eliminate the need for SWIFT codes in many corridors and enable same-day delivery to Colombia, Venezuela, Mexico, the EU and the UK.

The product surface spans the core Vita Wallet consumer app, the Vita Business module for B2B international payments and remote-team payroll across 35+ destinations, a developer API for embedded payment integrations, a crypto wallet, the Vita Card virtual Visa debit card (launched in Colombia), a US-based USD receiving service for freelancers working with Airbnb, Deel, Upwork and similar platforms, and supporting utilities such as an IBAN validator, SWIFT/BIC code lookup and currency converter. Vita Wallet operates through five corporate entities (Vita Solutions SpA in Chile, Vita Colombia SAS, Vitapay MX SA de CV, Vita Digital SRL in Argentina, and Vita HoldCo, Inc. in the US), is regulated by Chile's CMF under Fintec Law 21.521 with UAF AML oversight, and holds ISO/IEC 27001:2022 information security certification across the group.

Vita Wallet generates revenue primarily through transaction fees and FX/crypto spreads on international transfers and crypto buy-sell operations, with additional fees on card loading and pass-through crypto network withdrawal fees. The go-to-market combines a product-led, self-serve consumer funnel (app stores, SEO, content, social) with a lighter-touch enterprise motion for Vita Business, while distribution is amplified through local payout bank integrations and ecosystem support from Start-Up Chile, CORFO, ICEX España, Magical, Colombia FinTech, FinteChile and the Santiago Chamber of Commerce.

Name

Vita Wallet

Legal name

Vita Solutions SpA

Website

https://vitawallet.io

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Vita Wallet is a Chilean fintech that operates a crypto-settled digital wallet and cross-border payments platform, enabling individuals and businesses to send international money transfers to more than 190 countries with multi-currency (LatAm peso, USD, EUR) and stablecoin support.

Ownership category

akta.pro rank

Product category

Cross-Border Payments & Digital Wallet

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSAMAIAG

Multi-Currency Accounts, Wallets & IBAN Services

Financial & Insurance/Payments & Transaction Processing/Cross-Border Payments & Remittances

SECONDARYFSADAIAD

Crypto Remittance & Cross-Border Money Transfer Providers

Financial & Insurance/Crypto & Digital Assets/Payments, Merchant Acquiring & Remittances (Crypto)

SECONDARYBPAMAFAL

Crypto Payments & Stablecoin Settlement Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

SECONDARYBPAMAFAC

Digital Wallet Platforms (Consumer & Merchant)

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

Keywords

• Cross-border remittances
• Digital wallet platform
• Crypto-fiat payments
• International money transfers
• Multi-currency fintech

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. International Transfer Fees: Vita Wallet charges commissions on international payment transactions. Fees are disclosed transparently before each operation, debited at transaction completion, and incorporated into the exchange rate spread. The company claims savings of up to 70% in commissions compared to traditional remittance channels. No membership, maintenance fees, or usage rights charges apply.
2. Cryptocurrency Purchase/Sale Spread: The platform intermediates the purchase and sale of cryptoassets (USDT, USDC, BTC) on behalf of users, earning revenue through the spread between buy and sell prices, which vary with market conditions. No additional taker or maker fees are charged for BTC operations.
3. Credit/Debit Card Loading Fees: Users can load funds using credit or debit cards, which are subject to commissions as defined by the card issuer and Vita Wallet's terms. Card payments are processed immediately upon loading.
4. Crypto Network Withdrawal Fees: Withdrawals of cryptoassets to external wallets are subject to network fees charged by the respective blockchain network (e.g., Bitcoin network, Ethereum network). The minimum withdrawal amount must exceed the network fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Vita Wallet is a Chilean-founded digital wallet platform that enables international money transfers to more than 190 countries by leveraging crypto assets (USDT, USDC, BTC) as a settlement layer and disbursing funds in local fiat currencies (CLP, COP, MXN, ARS, USD, EUR). The platform serves both individual remittance senders and businesses needing cross-border payouts, complemented by a developer API, a crypto wallet, and a branded debit card.

Product overview

Vita Wallet is a unified digital financial platform that combines a core mobile/web wallet with modular add-on services. The core Vita Wallet product enables P2P and B2B international money transfers to 190+ countries using both crypto assets (BTC, USDT, USDC) and fiat currencies (CLP, COP, MXN, ARS, USD, EUR) as settlement rails, with claimed savings of up to 70% on commissions. The ecosystem includes: Vita Business (enterprise payment module), an API for developer integrations, the Billetera Cripto (crypto wallet supporting multiple chains), Vita Card (virtual debit card in Colombia), and utility tools (IBAN validator, SWIFT/BIC finder, currency converter). The platform is complemented by a help center blog and Vita Academy YouTube tutorials. Settlement is achieved using crypto as an international liquidity mechanism, enabling faster cross-border transfers than traditional SWIFT rails.

Differentiator

Problem solved

Functional benefit

Brands

• Vita Business: Business solution for companies requiring international payment services, including API integrations for payment collections and cross-border payments to suppliers and remote teams.
• Vita Card

Products and services

• Vita Wallet Core consumer and freelancer wallet app that lets users send money internationally from Latin America to 190+ countries, using crypto (USDT, USDC, BTC) on the back end and delivering local currency (CLP, COP, MXN, ARS, USD, EUR) to recipients.
• Vita Business

Quantifiable outcome

• Save up to 70% in transfer commissions compared to traditional methods
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• AirbnbcoreTechnology or IntegrationVita Wallet integrates with Airbnb to allow users to receive their rental income payments in USD through their Vita Wallet US receiving account, enabling freelancers and property owners to access international payments under their own name.
• DeelcoreTechnology or IntegrationVita Wallet's US USD receiving service integrates with Deel, a global HR and payroll platform, allowing contractors and freelancers paid through Deel to receive funds directly into their Vita Wallet account.
• UpworkcoreTechnology or IntegrationVita Wallet supports receiving USD payments from Upwork, enabling freelancers on the platform to receive their earnings directly into their Vita Wallet USD account with a fully online process.
• Colombia FinTechminorOthersVita Wallet is supported by Colombia FinTech, the Colombian fintech association, which fosters innovation and collaboration in the financial technology ecosystem in Colombia.
• Start-up ChileminorOthersVita Wallet is supported by Start-up Chile, a Chilean government accelerator program that supports and promotes innovative startups in Chile.
• ICEX EspañaminorOthersVita Wallet is supported by ICEX España (Instituto de Comercio Exterior), a Spanish government entity that promotes Spanish companies' internationalization and supports export and investment activities.
• CORFOminorOthersVita Wallet is supported by CORFO (Corporación de Fomento de la Producción), Chile's main economic development agency that supports productive investment and technological innovation.
• FinteChileminorOthersVita Wallet is a member of FinteChile, the Chilean fintech association, which brings together fintech companies in Chile to promote innovation and regulatory dialogue.
• Magical (Start-Up Accelerator)minorOthersVita Wallet is supported by Magical, a startup accelerator program that supports early-stage companies in Latin America.
• Cámara de Comercio de Santiago (CCS)minorOthersVita Wallet is supported by the Cámara de Comercio de Santiago (CCS), the Santiago Chamber of Commerce, which supports business development and international trade in Chile.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wise: Wise (formerly TransferWise) is a global cross-border payments and multi-currency account platform serving both consumers and businesses with low-cost international transfers. It is the most direct competitor to Vita Wallet's multi-currency wallet and international transfer value proposition.
• Remitly: Remitly is a digital remittance company with deep LatAm corridor coverage, allowing users to send money internationally via mobile and web. It competes directly with Vita Wallet's consumer remittance product on speed, cost, and corridor breadth.
• Bitso: Bitso is a Latin American crypto exchange and payments platform that uses crypto rails for cross-border transfers in the region. It overlaps directly with Vita Wallet's crypto-settled international transfer model across Mexico, Argentina, Colombia, and Brazil.
• dLocal: dLocal is a LatAm-focused payment processor enabling global merchants to accept local payment methods and pay out in local currencies. It is comparable to Vita Wallet's Vita Business/API offering on cross-border B2B settlement in emerging markets.
• Payoneer: Payoneer provides US/global receiving accounts for freelancers and platforms such as Upwork, Airbnb, and Deel, and offers multi-currency wallets. It directly mirrors Vita Wallet's US-receiving service for LatAm freelancers and gig workers.
• AirTM: AirTM is a LatAm digital dollar wallet and peer-to-peer exchange that enables cross-border transfers and dollar access in markets with currency controls. It competes with Vita Wallet for cross-border LatAm consumers seeking USD access and remittance.

Emerging players

• Ualá: Ualá is an Argentine neobank with international card and transfer capabilities, deeply embedded in the same Argentine consumer base Vita Wallet serves. It is an emerging competitor as it expands cross-border and multi-currency features.
• Belo: Belo is an Argentine crypto and dollar wallet app offering on/off ramps and yield. It overlaps with Vita Wallet's Billetera Cripto and ARS/USD wallet proposition for Argentine consumers.
• Mural: Mural is a LatAm-focused B2B cross-border payments platform for SMEs and remote teams. It is comparable to Vita Business on supplier invoice payments and remote payroll use cases across the same region.

Broad incumbents

• Western Union (Digital): Western Union is the global incumbent in cross-border remittances and has been expanding its digital and wallet offerings. It competes with Vita Wallet for the same LatAm-to-US/EU remittance corridors with broader but more expensive service.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/vitawallet
• YouTubeyoutube.com/channel/UCZLdO0sX0uLimnRJXDqdnPw
• Facebookfacebook.com/vitawallet
• LinkedInlinkedin.com/company/vita-wallet
• Instagraminstagram.com/vitawallet
• TikToktiktok.com/@vitawallet.io

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vita Wallet