Meru
Dollar accounts for LatAm freelancers.
- Who holds it
- A licensed crypto-asset custodian holds the assets on your behalf — MSB registration (FinCEN, R3mit Solutions Inc.); USDC accounts via licensed US/EU partners.
- The ledger
- The custodian’s books, reconciled against on-chain balances.
- If it fails
- Recovery hinges on the custodian’s solvency and how cleanly client assets are segregated.
Derived from Meru’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid · freelancers & creators |
| HQ | Bogotá, CO |
| Founded | 2021 |
| Custody | Custodial |
| Regulation type | VASP / MSB / crypto licenses |
| License detail | MSB registration (FinCEN, R3mit Solutions Inc.); USDC accounts via licensed US/EU partners |
| Card | Visa · Virtual + physical |
| Yield | USDC yield |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
Verified links: official site ↗
Common questions about Meru
What is Meru?
Meru is a fiat-and-crypto neobank built for freelancers & creators, headquartered in Bogotá, CO and founded in 2021. Your money is held custodially, so Meru or its partner bank holds the balance and you hold a claim on it. It holds VASP / MSB / crypto licenses (MSB registration (FinCEN, R3mit Solutions Inc.); USDC accounts via licensed US/EU partners).
Does Meru have a card, and where can you use it?
It issues a Visa virtual and physical card. It is available in Latin America.
Does Meru require KYC?
Yes. Meru requires identity verification (KYC) to open an account, as a vasp / msb / crypto licenses.
What does Meru cost?
From the verified fields: yield USDC yield. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Meru before relying on them.
Head-to-head
Meru vs Airtm · Meru vs Deel · Meru vs Takenos
Peers
Revolut · Mercado Pago · Crypto.com · Binance Card · Bybit Card · OKX Card
Meru appears in
Neobanks operating under crypto and money-transmitter licenses (25) · Neobanks available in Latin America (113) · Neobanks for freelancers and creators (15) · Neobanks that issue a Visa card (182) · Neobanks in Colombia (7)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.