Dollarize has partnered with Flagright, a no-code compliance platform specialising in transaction monitoring and AML solutions.
The partnership will enable Dollarize to enhance its financial crime prevention measures using Flagright’s real-time transaction monitoring, dynamic risk scoring, and case management tools. The collaboration aims to support Dollarize’s expansion by strengthening its compliance framework and giving its team the agility to scale securely.
Dollarize provides a U.S. dollar account that allows users across Latin America and beyond to send money to family members instantly and without fees. The platform converts local currency deposits to dollars in seconds and is registered as a money services business (MSB) with FinCEN in the United States. A Dollarize card is also set to launch, offering global spending capabilities and integration with Google Pay and Apple Pay.
Flagright offers a comprehensive compliance infrastructure for financial institutions and FinTechs. Its AI-powered, no-code platform enables firms to configure monitoring rules quickly, manage risk dynamically, and automate regulatory reporting without relying on engineering resources. Flagright’s solutions are designed to help businesses go live fast—often in just two weeks—while reducing false positives and improving efficiency.
Through this collaboration, Dollarize will benefit from real-time transaction monitoring to identify risks before they escalate, adaptive risk scoring to reflect behavioural changes, and an end-to-end case management system with intelligent triage and full audit trails. The partnership underscores both firms’ commitment to innovation and transparency in compliance operations.
Dollarize CEO and co-founder Diego de la Campa Corcuera said, “Our mission is simple: give Latinos a U.S. account and make sending money to family as easy as sending a message, instantly and without fees. To do that at scale, we need real-time visibility and complete auditability. Flagright lets our team configure rules without code, score risk dynamically across our flows, and document decisions end-to-end. It’s the speed and control we were looking for.”
Flagright co-founder and CTO Madhu G Nadig said, “Dollarize is building an accessible, dollar-based account experience for Latinos across the world, paired with instant cross-border transfers. We’re excited to support that mission with an AI-native platform that goes live fast, often in as little as two weeks, so their teams can iterate quickly, reduce false positives, and scale confidently.”
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