Polar

The smarter way to manage USD earnings globally

Y CombinatorWinter 2024ActiveFintechConsumer FinanceFintechCrypto / Web3InvestingRemittances

What they do

Problem

People who earn in USD across borders struggle to access U.S. banking, move money internationally cheaply, and manage savings and investments from anywhere.

Solution

Polar provides a mobile platform that offers a U.S. bank account, low-cost international transfers, USD interest-bearing savings, and 24/7 investing in gold and crypto.

Who it's for

Remote workers, freelancers, and ship crew who earn and manage USD income globally.

Founders

Grant Ackerman

Founder

Grant is the co-founder & CEO of Polar. Grant previously led Altruist's integration of SSG, which Altruist acquired to become the third-largest custodian by number of RIAs behind Schwab and Fidelity. Before that, Grant helped grow Princeton’s endowment from $26.1 billion to $37.7 billion as a member of the 20-person investment staff. Grant graduated from Princeton, where he studied Economics, Computer Science, and Finance and met Andrew.

Andrew Wang

Founder & CTO

Andrew is the co-founder & CTO of Polar. Before that, he worked in quant research and software engineering at Citadel and Bridgewater. Andrew graduated from Princeton, where he majored in Operations Research & Financial Engineering (ORFE).