doola Money enables entrepreneurs around the globe to start a business (LLC, C-Corp, or DAO LLC), deposit and store $USD, and move money internationally, in minutes, remotely, to any continent - no credit history or SSN required.
Hey all, Arjun here CEO of doola.com
Today is the 3rd most important day in doola's history. The 1st is the day we started. The 2nd is the day we bundled in state and federal tax filings for your business. And the 3rd is today when we are launching doola Money ๐ธ.
doola Money enables entrepreneurs around the globe to start a business, deposit and store $USD, and move money internationally, in minutes - no credit history or SSN required.
No other company in the world has bundled these offerings together. Until now.
How did we get here?
doolaโs mission is to democratize access to the US financial ecosystem and empower anyone to turn their dream idea into their dream US business.
It's hard enough for founders in the US to start a US business. The whole process is stupidly complicated and expensive. For founders globally, itโs even more migraine-inducing:
- 1) Most global founders don't realize it's possible to start a US company from outside the US
- 2) Many think they must visit the US to open a bank account, safely deposit funds in $USD, and move money internationally. And we haven't even gotten to
- 3) What about taxes, the IRS, and staying compliant?
In summary, there isn't a single unified source to support global businesses.
Until now.
doola Money changes the game for global founders.
We are now an all-in-one platform to:
- Register your US LLC, C Corp, or DAO LLC
- Get an EIN
- Open a doola Money account where you can use an ACH account to deposit and store funds in $USD and/or process payouts from a payment processor like Stripe or PayPal
- Move money globally via international wire in a matter of minutes (vs days)
All. In. One. Go.
Oh, and we also handle state filings and IRS filings year-over-year to keep your business compliant.
As our customers like to say, we're a Business-in-a-Boxโข for global founders, and the launch of doola Money makes our day-one vision a reality for founders worldwide.
The best part? We support founders on every continent. No US SSN required. No visit to the US is required. You can start a US company 100% remotely from your couch.
So what are you waiting for?
Outsource the unsexy yet critical back office work to doola so you can focus on what you do bestโฆ while doola handles the rest.
At the end of the day, talent is everywhere, but opportunity is not, and by making it click button easy to start a business, set up your financial stack, and stay compliant with the IRS, doola can increase entrepreneurship globally.
Check out doola Money today, and remember:
It doesnโt matter how old you are.
And it doesnโt matter what experience you have.
It's never too late to turn your dream idea into your dream business.
And if youโre ready to do this, you know what to doโฆ
Just doola it.
@arjunmahadevan, why would I trust Doola Money when Doola itself is not refunding me for the Delaware C-Corp you guys are unable (or unwilling) to register using mainstream stock allocation? Kindly issue the refund.
Hey Arjun, congratulations on the launch of doola Money! It's fascinating to see how you've streamlined such a complex process for global entrepreneurs. The all-in-one platform approach is truly a game-changer. I'm curious, what has been the most challenging part of creating a unified service like this? Keep up the great work, and I'm excited to see how doola Money will empower founders worldwide!
@alex_dulub Thanks Alex, full team effort and most challenging part has been integrating this offering into our existing product suite (formation + federal tax) for a cohesive experience
@hai_ta1 Hey there is a small fee depending on what type of transfer you are making and where you are transferring to, check out this guide for a breakdown: https://www.doola.com/university...
Wow, your launch is the bee's knees (and I'm not just saying that because I'm covered in bees). Moving money around globally in minutes? That's some serious magic right there. Keep up the awesome work!
doola