doola
13.2.2024 14:36:01 CET | ACCESS Newswire | Press release
doola helps global entrepreneurs easily set up an LLC, C Corp, or DAO LLC in the U.S. (Wyoming, Delaware, and all other states) with support including EIN, U.S. address, U.S. bank account, payment gateway, and ongoing state compliance and IRS tax filings.
NEW YORK, NY / ACCESSWIRE / February 13, 2024 / doola launches fintech product for global entrepreneurs:
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.- doola helps global entrepreneurs in 175+ countries start a US business with support including EIN, US address, bank account, and IRS tax filings.
- doola Money supports founders on every continent, with no US SSN required, and no visit to the US required.
- Business growth is at all-time highs: US monthly business applications are over 400,000 per month (on track for 5M+ in 2023) and there are 50M+ independent creators globally.
doola announced today that they have launched a fintech product for global businesses that will allow founders to deposit $USD and move money internationally, remotely, from any continent, with no US Social Security Number required. Founders globally can now register an LLC or C Corp through doola, get an EIN (employer identification number) from the IRS with doola, and set up their initial payment stack all in one go. It doesn't stop there: doola also provides ongoing compliance with the state and IRS to keep companies compliant, making doola an all-in-one platform for founders to launch, maintain, and grow their US businesses.
doola's fintech product, doola Money will include an ACH account to deposit and store funds in $USD or deposit $USD payouts from a payment processor, like Stripe or Paypal. Businesses will also be able to safely move money using international wires anywhere in the world via USD, EUR, GBP, SGD and AUD. Utilizing local payment rails globally, doola Money provides speed, savings, and simplicity; take India as an example, which has traditionally been a difficult country to send funds to from the US. doola Money plugs into a UPI in India, so when customers trigger a payout to their local INR account, it shows up in full value in a matter of minutes (vs. days) in INR for a small fee.
"For any business, whether it's a venture-backed SaaS startup with a Delaware C Corp or a solopreneur bootstrapping an e-commerce business, having a trustworthy, stable, and scalable banking + payments stack is critical. Through doola, international founders can seamlessly access the US financial ecosystem, including US banking, US payment solutions, US venture capital, and more," said Jacqueline Reses, an investor in doola, Co-founder and CEO of Lead Bank.
Arjun Mahadevan, CEO, doola, said, "From day one, we've known that doola is not a formation service. We're a fintech company. Founders and creators worldwide don't actually want a company; they want a way to accept payments globally in the US dollar, safely store those deposits and have the ability to seamlessly move that money globally. doola Money provides the best of business banking with everything you need to move money from anywhere in the world. And it makes our platform the fastest way to go from formation to accepting your first payment/deposit globally. Why? Because we do it all in-house. With the click of a button, you get a company + EIN + ACH deposit account and ongoing compliance, including state and IRS filings, taken care of. As our customers like to say, we're a Business-in-a-Box™, and the launch of doola Money brings our day-one vision to reality."
About doola
doola (YCombinator S20) helps entrepreneurs form U.S. LLCs, C Corps, and DAO LLCs by supporting customers through the incorporation process so they can confidently collect payments, build credibility, stay legal, and make more money. doola provides company formation, an EIN, a U.S. address and bank account, access to U.S. payments, a free tax consultation, U.S. tax support, a phone number, $1,000,000 in startup perks, and more. Today, thousands of companies have launched with doola, and these founders didn't need a U.S. social security number to benefit from doola's products and services. To date, doola has raised over $12M in venture capital from YCombinator, Nexus Venture Partners, the YC Continuity Fund and more (HQ: New York City).
Related Links
Website: https://www.doola.com/money
Twitter: https://twitter.com/doolaHQ
YouTube: https://youtube.com/@doolaHQ
TikTok: https://www.tiktok.com/@doolahq
LinkedIn: https://www.linkedin.com/company/doolahq
Contact Information:
Arjun Mahadevan
Founder & CEO
arjun@doola.com
SOURCE: doola
View the original press release on newswire.com.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Chervon Names Devin Murray Director of Sales - Northern Division19.10.2026 15:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 19, 2026 / Devin Murray joins Chervon as Director of Sales - Northern Division, effective October 19, 2026, reporting to Thomas Kentouris, Vice President of Field Sales. Murray joins Chervon after completing a six-year fast track career in TTI sales and sales management. Most recently, he was a Key End User Account Manager for Milwaukee charged with growing the pro tool business with large end users. Murray's exceptional recruiting skills and leadership skills enabled him to build, manage and inspire highly effective sales teams at the store level. His account management prowess resulted in outstanding sales results and strong partnerships with multiple national accounts. "Early in his impressive career, Devin was identified as a high potential future superstar executive," said Thomas Kentouris. "His large end user pro tool experience is exactly what we need to help build our pro tool leadership position. His inspiring leadership skills combin
Chervon Names Krystle Adams Director of Sales Recruiting19.10.2026 15:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 19, 2026 / Krystle Adams joins Chervon as Director of Sales Recruiting, effective October 19, 2026, reporting to Matt DeFeo, SVP of Sales, Training and Recruiting. Over the past 9+ years, Adams has advanced through a series of increasingly responsible sales and recruiting positions at TTI. Earlier in her impressive career, Krystle distinguished herself as an outstanding sales representative and sales manager delivering consistently strong results. Most recently, she was a National Recruiting Operations Manager responsible for leading, coordinating, and implementing recruiting efforts across campuses nationwide. Krystle has demonstrated exceptional skills in developing and leading campus and field sales recruiting efforts. She also designed and executed a thriving national college internship program. "I feel incredibly fortunate to now have Krystle Adams in place to launch Chervon campus recruiting," said Matt DeFeo, SVP of Sales, Training and
Chervon Names Terry Lucero Director of National Accounts - Industrial19.10.2026 15:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 19, 2026 / Terry Lucero joins Chervon as Director of National Accounts - Industrial, effective October 19, 2026, reporting to Jeff Campbell, Senior Vice President of Industrial Commercial Sales. Lucero brings 25+ years of extensive experience in building professional tool businesses at national accounts, regional accounts, at the store level and at the end user level. Lucero started his career at Dewalt where he advanced through a series of sales, sales management and end user marketing positions over 5 years driving professional tool growth. Lucero went on to WW Grainger where he progressed through a series of business development and sales management positions. He was also a sales manager of professional equipment at United Rentals. Most recently, Lucero served as a director of sales at APEX Tool Group for the Americas. "Terry's impressive pro tool experience in industrial distribution, national account management and end user marketing make
Tenstorrent Announces a $1.5B Series E at a $6.2B Valuation19.10.2026 14:00:00 CEST | Press release
SANTA CLARA, CA / ACCESS Newswire / October 19, 2026 / Tenstorrent, the AI computing company, has closed $1.5B in Series E funding at a $6.2B post-money valuation. The round was led by Trace Capital and Innovation X, with participation from new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price*, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets. Tenstorrent will use the capital to deploy Galaxy servers at scale, continuing to serve open-weight models across LLMs and video generation, and advance the AI and CPU IP it licenses to customers designing their own silicon. Tenstorrent sells AI compute at every level of the stack - from a single card or workstation to racks, superclusters, and custom IP. With an open-source software stack, developers can run frontier models locally and enterprises can deploy mode
OxyDew Analyzer: One Compact Instrument, Two Critical Gas Measurements19.10.2026 08:00:00 CEST | Press release
NAVAN, IE / ACCESS Newswire / October 19, 2026 / DwyerOmega introduces the new Ntron OxyDew Analyzer, a fully integrated solution that combines oxygen and moisture dew-point measurement in a single, compact wall-mountable analyzer. The result: fewer instruments to install, wire, and maintain, without sacrificing the accuracy and reliability that critical gas quality monitoring demands. By uniting two proven sensing technologies in one instrument, OxyDew cuts equipment costs, simplifies installation, and reduces ongoing maintenance, all without compromising performance. Operators monitor oxygen concentration and dew point simultaneously through a 3-inch color touchscreen, giving them a single point of control instead of two separate systems. OxyDew is available now throughout Europe and Asia Pacific. Integrated Dual Measurement for Reliable Process Monitoring At the heart of OxyDew is the integration of the proven Ntron SenzTx Oxygen Transmitter and Michell Easidew Dew-Point Transmitter
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom