Delaware-based Rizon has secured $2 million in pre-seed funding as demand for borderless U.S. dollar banking accelerates worldwide. The round was led by Market One Capital, a Polish venture firm known for backing early-stage startups building what it calls the “platforms of tomorrow.”
The fresh capital will help Rizon scale its user base globally and deepen its footprint in new markets where access to reliable dollar banking remains limited.
Built for the global workforce
Founded by Ignas Survila and Laurynas Jokubaitis. Rizon’s core audience includes solopreneurs, freelancers, and remote professionals scattered across time zones. Many work for U.S. companies and receive payments in digital dollars through payroll platforms like Deel.
Traditional banks often erode earnings through foreign transaction charges and costly currency conversions. Rizon addresses this friction head-on. International transfers can cost up to 86% less than legacy providers, while ATM withdrawal fees for local currency are significantly reduced.
A recent case study illustrates the impact wherein one user was able to preserve a larger share of business profits simply by settling bills and managing transfers through the app instead of relying on conventional cross-border channels.
Beyond transfers, Rizon enables users to deposit, send, receive, and spend dollars seamlessly across 122 countries. It also issues Visa cards accepted at more than 100 million merchants and ATMs worldwide, making digital dollars instantly usable in everyday life.
Growth that defies early-stage norms
Launched just five months ago, Rizon is already active in 122 countries and has recorded more than 170,000 app installs. Its early traction signals a shift: people across continents increasingly rely on digital dollar accounts for earning, saving, and everyday spending.
Rizon’s expansion has been swift. Transaction volume is growing at 245% month-over-month, a pace rarely seen so soon after launch.
User engagement metrics are equally striking. More than a third of new users return within their first week, and over 49% remain active after 30 days. In an industry where churn can be brutal, these retention figures stand well above standard benchmarks. Such momentum reflects more than marketing success. It underscores a real need among globally distributed workers seeking stability and simplicity in dollar-based financial services.
What’s next?
As the value of borderless digital dollars becomes more widely recognised, Rizon is positioning itself as infrastructure rather than just another fintech app. Its mission is clear to make digital U.S. dollars truly accessible to anyone, anywhere.
“Banking is going through a change that’s similar to what happened with entertainment when Netflix moved movies from siloed physical formats into the cloud,” says Ignas Survila, CEO and Co-Founder of Rizon. “We’re more convinced than ever that the global demand for accessible, dollar-based banking services is significantly larger than anticipated. Our mission is to make digital dollars accessible and spendable by everyone, no matter where they live. And we’re incredibly fortunate to work with partners who support our vision”.
“Digital dollars have been booming in popularity, but until now, using them in everyday life was surprisingly hard,” said Jacek Lubiński, Partner at Market One Capital. “We believe that in the next decade, we’ll see several billion-dollar or even trillion-dollar companies built around global dollar banking. From what we see, Rizon may well be among the first of them – they have a unique and deeply user-centric distribution approach, and they’ve already shown early proof of successful execution. That’s what made us want to get involved.”
