Inbestgo

Inbestgo is a financial technology company focused on developing the blockchain ecosystem in Latin America. Founded in Guatemala in 2018 by David Aw, the company aims to bridge the gap between traditional finance and the world of crypto investments. David Aw, who serves as the CEO, has a background in public accounting, auditing, and finance, which influenced his move into the cryptocurrency space in early 2017.

The company operates as a digital financial platform that provides individuals and businesses with access to cryptocurrency services. Its primary offering is the Inbestgo mobile application, which functions as a cryptocurrency wallet. Through the app, users can buy, sell, and manage a portfolio of over 400 different cryptocurrencies, including Bitcoin and Ethereum. The platform is designed to serve both individual retail clients and business or institutional customers, offering different account types with varying transaction limits and verification requirements to meet their respective needs.

The business generates revenue through transaction fees for services such as depositing and withdrawing funds, as well as for currency conversions within the app. Inbestgo also offers a premium monthly or annual subscription service called INBESTGOLD, which provides members with preferential rates and fee waivers up to certain limits. Another key product is the Inbestgo crypto card, a prepaid Mastercard that allows users to spend their funds in quetzales, dollars, or USDT at any location that accepts Mastercard. This card links directly to the user's app balance and offers benefits like cashback on purchases, which is paid in crypto.

The platform facilitates adding funds in local currency (Guatemalan Quetzales) or U.S. dollars from any bank account. It also enables instant fund transfers between Inbestgo users. For security, the company employs measures like two-factor authentication and adheres to KYC/AML regulatory standards. In addition to its core wallet and card services, Inbestgo also sells hardware wallets for offline asset storage.

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